184 comments on DrumBeat: December 2, 2006
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184 comments on DrumBeat: December 2, 2006
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AFAIK those numbers do include Bio-fuels and in the US alone ethanol production has increased by 90 K Brl's per day over that time period. How much have bio-fuels production increased in the rest of the world? Perhaps C + C is down more than most folks suspect.
EIA Data: Ethanol production Thousands Brl's/d and Thousands Brl's/month
Jan 241 7,471
Feb 245 6,860
Mar 243 7,533
Apr 238 7,140
May 237 7,347
Jun 249 7,470
Jul 258 7,998
Aug 260 8,060
Sep 261 7,830
Oct 269 8,339
Nov 275 8,250
Dec 280 8,680
2005 255 92,978/A
2006
Jan 288 8,928
Feb 302 8,456
Mar 301 9,338
Apr 289 8,656
May 293 9,093
Jun 318 9,532
July 316 9,804
Aug 329 10,185
Sep 333 9,992
Actually you're pointing out one of my main gripes with the statistics, they are now including not just biofuels but synthetic crude from the Canadian tar sands. My personal definition of oil is that it flows out of the ground. Condensate condenses from natural gas at normal tempratures and at one atmospheric pressure-14.4 lbs PSI or so.
The rest of the stuff-biofuels, synthetic crude has huge costs compared to oil and should be counted seperately.