Don't forget to go to reddit and digg and rate this story (the buttons for them are just below the title and tags and the top of the story).  Khebab put a lot of work into this and he deserves to get as many eyeballs as he can.

(and yes, reddit and digg (and metafilter and slashdot and fark and boing boing) work, they bring folks over here who never would have come otherwise...)

Hello TODers,

Just to stir the pot, a copy of what I posted on Reddit:
----------------------------
Excellent work, Khebab!  Information is power, and the EIA wields inordinate power.  Makes one wonder how much more accurate the CIA/NSA energy statistics are compared to the EIA's data.

Bob Shaw in Phx,Az  Are Humans Smarter than Yeast?
--------------------------------------------------

Hi,

Reporting a fluid in volumetric units is problematic. The volume for a given mass will vary with temperature, pressure and fluid density at standard pressure and temperature. If the density of the measured mass changes, then then the barrel volume changes with the density. Many countries report production / consumption in tons. The EIA assigns ton to barrel conversion factors for each country.

See
http://www.eia.doe.gov/emeu/international/oilother.html

For Canada the ton to barrels conversion is 7.18, for Bolivia it is 7.881. The conversion factors have been periodically revised. What does this mean? Diffent API degrees? Wouldn't it be better to measure mass? Better yet, heating potential? Just what do these "barrel" measurements really tell us?

My point? Are revisions of 0.2 mmbbl/day noise in the error  band or a significant revision?