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To: DUMBGRUNT

In the past 5 years:
US production grew by 75% (4.1 mmbpd)
Russia Production grew by 13% (1.2 mmbpd)
Saudi Arabia Production grew by 5% (0.5 mmbpd)

http://www.eia.gov/beta/international/data/browser/#?ord=CR&cy=201506&v=H&vo=0&so=0&io=0&start=201006&end=201506&vs=INTL.57-1-RUS-TBPD.Q~INTL.57-1-SAU-TBPD.Q~INTL.57-1-USA-TBPD.Q&c=000000000000000000000000000000000000000500000002&pa=00000000000000000000000000000000002&f=Q&ug=g&ct=0&tl_type=p&tl_id=5-Q&s=

In the past 3 years:
US production grew by 51% (3.2 mmbpd)
Russia Production grew by 2% (0.2 mmbpd)
Saudi Arabia Production grew by 3% (0.3 mmbpd)


5 posted on 02/02/2016 9:41:54 AM PST by thackney (life is fragile, handle with prayer)
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To: thackney
Russia, meanwhile, is pumping the most crude ever, hitting a post-Soviet Union peak. But it may have difficulty maintaining today’s pace given a lack of investment in its aging Siberian fields. The chief executive of Russian oil giant Lukoil predicted that Russian output would drop in 2016 for the first time in several years.

The Russians need every ruble they can find to support their world wide adventures.

8 posted on 02/02/2016 10:56:47 AM PST by DUMBGRUNT (Looks like it's pretty hairy.)
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