<DrumBeat: November 15, 2006 The Oil Drum DrumBeat: November 16, 2006>

100 comments on Of China, Strategic Petroleum Reserves, and "them again"

Comments can no longer be added to this story.

| Show without comments | PDF version

jjhman on November 16, 2006 - 12:48am Permalink | Subthread | Parent | Comments top
According to latest EIA numbers August 06 was a new record total, surpassing December last year.  
Comments can no longer be added to this story.
peakearl on November 16, 2006 - 1:04am Permalink | Subthread | Parent | Comments top
December 2005 was 84787 kbpd (still down due to hurricanes), August 2006 was 85096 kbpd. A 0.4% increase of 409 kbpd. I'd hardly call that a surge over an 8 month period. I'm also sure it's well within measurement error, and the 8 month average for this year is still less than for last year.

Not trying to make any big point here other than there has been no surge in production, possibly no actual increase at all. We'll have to wait for revisions, and even then any increase or decrease will be almost negligible.

Comments can no longer be added to this story.
peakearl on November 16, 2006 - 12:18pm Permalink | Subthread | Parent | Comments top
Make that 309 - oops.
Comments can no longer be added to this story.

100 comments on Of China, Strategic Petroleum Reserves, and "them again"

Comments can no longer be added to this story.

| Show without comments | PDF version