U.S. Department of Energy - Energy Efficiency and Renewable Energy

Vehicle Technologies Program

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

Graph: World Oil Reserves, Production, and Consumption, 2001

Notes:

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

Supporting Information

World Oil Reserves, Production, and Consumption, 2001
Area Reserves Production Consumption
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.

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