Fact #220: June 10, 2002
World Oil Reserves, Production, and Consumption, 2001

Notes:

Total consumption is higher than total production because of refinery gains, including alcohol and liquid products produced from coal and other sources.
OPEC countries include Venezuela, Iran, Iraq, Kuwait, Qatar, Saudi Arabia, United Arab Emirates, Algeria, Libya, Nigeria, and Indonesia.
OPEC consumption data are for 2000.

Supporting Information

World Oil Reserves, Production, and Consumption, 2001
Area	Reserves		Production		Consumption
Area	Billion Barrels	Reserve Share	MBPD*	Production Share	MBPD*	Consumption Share
United States	22	2%	5.9	9%	19.6	26%
OPEC	814.5	79%	28.3	41%	5.7	7%
Rest of World	191.6	19%	33.8	49%	50.7	67%
* Million barrels per day. Sources: Reserves - Energy Information Administration, International Energy Annual 2000, Table 8.1. Production - Energy Information Administration, International Petroleum Monthly, April 2002, Tables 4.1a-4.1c. Consumption - Energy Information Administration, International Petroleum Monthly, April 2002, Table 4.6. OPEC consumption (2000 data) - Energy Information Administration, International Energy Annual 2000, Table 1.2.