Iraq crude production overtakes Iran as OPEC trims output

Fuel Fix ^ | July 11, 2012 | Bloomberg

[thackney]

Link only due to Bloomberg content

[thackney]

Iraq = 2.984 million barrels a day in June

Iran = 2.963 million barrels a day in June

Saudi Arabia = 9.89 million barrels a day in June

OPEC = 31.36 million barrels a day in June

[EQAndyBuzz]

How many in the US?

[scooby321]

its looks like OPEC is cutting production and I see Oil is up about 2.50 today

[thackney]

The US produces over 6 million barrels per day. We are the 3rd largest producer in the world.

http://www.eia.gov/dnav/pet/pet_crd_crpdn_adc_mbblpd_m.htm

When you count all petroleum liquid production including Natural Gas Liquids, Refinery gains, etc, we are about 10 million barrels per day.

http://www.eia.gov/cfapps/ipdbproject/iedindex3.cfm?tid=50&pid=53&aid=1&cid=r1,&syid=2011&eyid=2012&freq=Q&unit=TBPD
(click on the product select box at the above link to see the different values)

[bravo whiskey]

if we had a strong pro-american state department we would be getting iraqi oil for $40 a barrel until 2100 to pay for our war to “liberate” iraq. and the iraqi goverbment would pay a stipend for every allied soldier killed or wounded.

[thackney]

Most of the new production comes from private investment from companies like Exxonmobil. If what you suggested had been required, there would have been no new production.

[SueRae]

Bush’s fault.

[SunkenCiv]

Thanks thackney.