Tuesday, May 08, 2007

Raw Data

From www.yahoo.com

The Saudis used over 2 million barrels of oil per day in 2006, and the Iranians used 1.7 million. India, a faster growing economy with far more people, used 2.5 million.

(By comparison, the U.S. used about 24 million barrels a day, nearly 10 times as much as India despite having a population nearly four times as small and an economy just three times bigger.)

With it's white hot economy, it's no surprise China tops the list. The country's oil demand is projected to grow 7.5 percent this year, according to statistics provided by Ruppel.

But the second highest demand growth isn't in the fast growing economies of India or Brazil. It's Saudi Arabia, projected to consume 5.6 percent more oil next year, according to Ruppel.
Iran is number three, guzzling 3.3 percent more.

No comments: