Oil from and for the Americas

June 1, 2012

Growth in oil production from North Dakota to Argentina continues to tip the international balance of power away from the deserts of the Middle East back toward the Western Hemisphere.

NPR reports that “Production is rising fast in Canada, Colombia, Brazil and in the United States, which increased output by 1.7 million barrels in just six years” and that “More than half of all U.S. imports now come from countries in the Americas, while just 22 percent comes from the Persian Gulf.”

Notice that four of the biggest oil producers in the world in the list below are in North or Latin America:

  1. Saudi Arabia
  2. Russia
  3. United States
  4. China
  5. Iran
  6. Canada
  7. Mexico
  8. United Arab Emirates
  9. Brazil

If the West elects pro-energy politicians and gets out of the way of oil producers, OPEC’s days are blessedly numbered.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

%d bloggers like this: