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Like said these graphs are from Stuart Staniford, with data from IEA and EIA. Official monthly updates, believed to be all liquids.
Average daily oil production, by month, EIA and IEA (corrected) estimate averaged. Also a nine month centered moving average of the monthly series. Click to enlarge. Believed to be all liquids. Graph is not zero-scaled. Source: IEA, and EIA. The left graph
now shows the whole picture from the start of the oil business, starting
somewhere with Drake or in Spindletop. The right graph is the same as on
former page, and it is the little yellow rectangle up right for whole oil
history. It is without question clear that production of oil (and
consumption) can be easily, and to a large extent, influenced by decisions
making (from producers, politicians, and luckily, by us consumers, think that over, please).
Here are
the biggest projects coming on line. How much are current production
declining during the same time frame? I already hailed this update in a
previous thread. It may be useful to list all the countries promising more
than 0,4 mb of additional capacity, with the date by which, on optimistic
assumptions, more than half of it should have come on line.
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