Archive for January 16th, 2011

A Long Term Chart of Venezuela’s Oil Production

January 16, 2011

The Oil Drum has been writing about Venezuela’s oil, nothing really new in the articles, but a really nice up to date summary of the status of the Faja with some projections about when things will go online that I still think have to be pushed back two or three years.

What I did like about the article was this long term chart which has production, consumption and imports in it since the mid sixties:

The imports curve is worrisome, as is the consumption curve, I wished they had shown a table of the last few years, it is hard to tell the exact numbers as it is. Interestingly enough the data comes from BP’s statistical review. Younger people may enjoy seeing the numbers all the way back to the 60’s.