BP defines production as crude + condensate + natural gas liquids, i.e., total petroleum liquids.
They define consumption as total liquids consumption, which is total petroleum liquids + refinery gains + biofuels.
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BP/EI Statistical Review Full Report
Re: BP Statistical Review
by westexas » Tue 20 Jan 2015, 14:18:38
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Re: BP Statistical Review
by infinity7 » Wed 21 Jan 2015, 03:48:18
Thanks for pointing out to this difference!
I need to analyse oil production and consumption in single terms since at least 70s - can I do it using this data source or are there any better? I found Biofuels Production on a single tab, but there is still no refinary gains.
IAE has much more clear tables, but they cover only several years.
I need to analyse oil production and consumption in single terms since at least 70s - can I do it using this data source or are there any better? I found Biofuels Production on a single tab, but there is still no refinary gains.
IAE has much more clear tables, but they cover only several years.
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Re: BP Statistical Review
by westexas » Wed 21 Jan 2015, 11:40:18
This EIA website has a wealth of data, which I believe can be downloaded in an Excel format:
http://www.eia.gov/cfapps/ipdbproject/I ... d=53&aid=1
http://www.eia.gov/cfapps/ipdbproject/I ... d=53&aid=1
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Re: BP Statistical Review
by ralfy » Thu 22 Jan 2015, 03:55:31
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Re: BP Statistical Review
by infinity7 » Tue 27 Jan 2015, 04:59:05
$this->bbcode_second_pass_quote('ralfy', 'A')lso, from 2011:
http://www.economist.com/blogs/dailycha ... onsumption
http://www.economist.com/blogs/dailycha ... onsumption
Thanks, the link confirms the issue: "Update: The authors of the BP report have asked us to highlight that a large part of the difference between consumption and production, in the charts above, is accounted for by such things as biofuels, oil made from coal and other non-conventional sources, which are not included in their production figures."
I wonder why they could not add biofuels to make oil demand and supply comparison possible
I looked at EIA, their data is also not very helpful:
Total Oil Supply - Total Petroleum Consumption = -13251 mbbl for 1980-2013, so supply is again lower than demand, though the reason is not clear here
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BP Statistical Review 2019
by rockdoc123 » Thu 13 Jun 2019, 21:46:23
Just looking through the information from the annual BP Statistical Review for 2019.
Here are some interesting highlights:
$this->bbcode_second_pass_quote('', 'P')rimary energy consumption grew at a rate of 2.9% last year, almost double its 10-year average of 1.5% per year, and the fastest since 2010.
By fuel, energy consumption growth was driven by natural gas, which contributed more than 40% of the increase. All fuels grew faster than their 10-year averages, apart from renewables, although renewables still accounted for the second largest increment to energy growth.
China, the US and India together accounted for more than two thirds of the global increase in energy demand, with US consumption expanding at its fastest rate for 30 years.
Oil consumption grew by an above-average 1.4 million barrels per day (b/d), or 1.5%. China (680,000 b/d) and the US (500,000 b/d) were the largest contributors to growth.
Natural gas consumption rose by 195 billion cubic metres (bcm), or 5.3%, one of the fastest rates of growth since 1984.
Coal consumption grew by 1.4%, double its 10-year average growth.
Here are some interesting highlights:
$this->bbcode_second_pass_quote('', 'P')rimary energy consumption grew at a rate of 2.9% last year, almost double its 10-year average of 1.5% per year, and the fastest since 2010.
By fuel, energy consumption growth was driven by natural gas, which contributed more than 40% of the increase. All fuels grew faster than their 10-year averages, apart from renewables, although renewables still accounted for the second largest increment to energy growth.
China, the US and India together accounted for more than two thirds of the global increase in energy demand, with US consumption expanding at its fastest rate for 30 years.
Oil consumption grew by an above-average 1.4 million barrels per day (b/d), or 1.5%. China (680,000 b/d) and the US (500,000 b/d) were the largest contributors to growth.
Natural gas consumption rose by 195 billion cubic metres (bcm), or 5.3%, one of the fastest rates of growth since 1984.
Coal consumption grew by 1.4%, double its 10-year average growth.
seems at odds with what the ETPers keep telling us that demand is decreasing for energy.
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Re: BP Statistical Review 2019
by Plantagenet » Fri 14 Jun 2019, 15:13:40
$this->bbcode_second_pass_quote('rockdoc123', 'J')ust looking through the information from the annual BP Statistical Review for 2019.
Here are some interesting highlights:
$this->bbcode_second_pass_quote('', 'P')rimary energy consumption grew at a rate of 2.9% last year, almost double its 10-year average of 1.5% per year, and the fastest since 2010.
By fuel, energy consumption growth was driven by natural gas, which contributed more than 40% of the increase. All fuels grew faster than their 10-year averages, apart from renewables, although renewables still accounted for the second largest increment to energy growth.
China, the US and India together accounted for more than two thirds of the global increase in energy demand, with US consumption expanding at its fastest rate for 30 years.
Oil consumption grew by an above-average 1.4 million barrels per day (b/d), or 1.5%. China (680,000 b/d) and the US (500,000 b/d) were the largest contributors to growth.
Natural gas consumption rose by 195 billion cubic metres (bcm), or 5.3%, one of the fastest rates of growth since 1984.
Coal consumption grew by 1.4%, double its 10-year average growth.
Here are some interesting highlights:
$this->bbcode_second_pass_quote('', 'P')rimary energy consumption grew at a rate of 2.9% last year, almost double its 10-year average of 1.5% per year, and the fastest since 2010.
By fuel, energy consumption growth was driven by natural gas, which contributed more than 40% of the increase. All fuels grew faster than their 10-year averages, apart from renewables, although renewables still accounted for the second largest increment to energy growth.
China, the US and India together accounted for more than two thirds of the global increase in energy demand, with US consumption expanding at its fastest rate for 30 years.
Oil consumption grew by an above-average 1.4 million barrels per day (b/d), or 1.5%. China (680,000 b/d) and the US (500,000 b/d) were the largest contributors to growth.
Natural gas consumption rose by 195 billion cubic metres (bcm), or 5.3%, one of the fastest rates of growth since 1984.
Coal consumption grew by 1.4%, double its 10-year average growth.
seems at odds with what the ETPers keep telling us that demand is decreasing for energy.
And its interesting to see that the use of all varieties of fossil fuels continues to expand, and that means CO2 emissions continue to increase. This seems at odds with what was agreed to in the UN Paris Climate Accords. Even the consumption of coal continues to grow on a global basis.
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