U.S. could become the world’s top liquid fuels producer, but how much does it matter?

Posted on January 9, 2013

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In a report dated 20 December 2012 the Energy Information Administration compares liquid fuel production in the USA and Saudi Arabia. In the report they write:

“EIA’s December 2012 Short-Term Energy Outlook (STEO) projected that U.S. crude oil and liquid fuels production (comprising crude oil, natural gas liquids, renewables and oxygenates, and refinery processing gain) will average 11.0 million bbl/d in 2012, an increase of 870,000 bbl/d (9%) over 2011. Since 2008, domestic crude oil and liquid fuels production has risen by 2.4 million bbl/d (28%).”

In the figure one can see the corresponding production from Saudi Arabia and the large difference in crude oil production between Saudi Arabia and the USA is obvious. For the USA they also include biofuel production and “refinery processing gain” in their comparison with Saudi Arabia. In the article the EIA tries to tone down the significance of the comparison and they also project that liquid fuel production in the USA will decline after 2020.

US2040

(Swedish)
Energy Information Administration har i en rapport daterad 20 december 2012 jämfört flytande produktion i USA och Saudiarabien. I rapporten skriver man:

USSaudiproduction

EIA’s December 2012 Short-Term Energy Outlook (STEO) projected that U.S. crude oil and liquid fuels production (comprising crude oil, natural gas liquids, renewables and oxygenates, and refinery processing gain) will average 11.0 million bbl/d in 2012, an increase of 870,000 bbl/d (9%) over 2011. Since 2008, domestic crude oil and liquid fuels production has risen by 2.4 million bbl/d (28%).

I figuren kan man se motsvarande produktion för Saudiarabien och man ser då den stora skillnaden i råoljeproduktion. USA räknar också med biobränsleproduktion ”refinery processing gain” då man jämför sig med Saudiarabien. I artikeln försöker man tona ner betydelsen av jämförelsen och man visar också arr produktionen i USA kommer att minska efter 2020.

US2040

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