by Tanada » Wed 30 May 2007, 19:26:45
$this->bbcode_second_pass_quote('davep', 'I') don't see how you can extrapolate oil consumption from these figures. Oil produced and consumed internally (e.g. by the USA) doesn't show up on the figures.
I thought it was perfectly clear from the context that I was referring to oil imports, sorry for any confusion on that point.
If you want to talk about those kind of totals you have to add in Norway and possibly a couple others to the list, I thought 11 European states were sufficient. Taken as a whole most of the oil exported from Norway ends up being imported in other European countries, which certainly should fit your requirement of internal consumption. That would add about 3.4 Mbbl/day to the European total while adding USA internal production adds about 5.5Mbbl/day. I tried to keep things as simple as possible (The KISS principle) by using just the data from the first page listing the top 20 countries in each catagory, Norway is not an importer at all so only shows up on the export list.
By the same token every country you add to the European list adds demand below the top 20 threshold that becomes increasingly difficult to find and corolate accurately. You are welcome to look up all the figures and do the math and post the results if you think my method was inaccurate or misleading.