The global pattern of oil production has changed over the recent decades. Overall, oil production on a global scale has increased significantly, and there are several specific countries which have emerged as key players. For example, in 1965, one of the lowest oil producing countries was the Asia Pacific which was producing about 30 million barrels of oil per day. However, in 2010, it was the highest oil producer and produced around 60 million barrels of oil/day. In the next few years up until 2015, Asia Pacific is expected to maintain its status as being one of the top producers of oil, producing around 70 million barrels of oil a day. Alongside the Asian Pacific region, in 2009, total oil production was 84 million barrels/day and the top 8 producers consisted of Saudi Arabia, USA, Russia, Iran, China, Venezuela, Mexico and Norway. These 8 countries accounted for over 50% of global production. On the other hand, the pattern of global oil production in some countries has not changed significantly. An example of this is North African where since 1965 and predicted until 2015, oil production has been stagnated at 10 million barrels of oil being produced everyday. Oil production is marginal and non-existent in a large number of countries, including many in Western Europe and Africa.
Sunday, 12 May 2013
4 c) Analyze how the global pattern of oil production has changed in recent decades (5 marks)
AO2 - 'Analyze' = Break down in order to bring out the essential elements or structure
Pattern = Global oil production + WHERE it is produced
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The global pattern of oil production has changed over the recent decades. Overall, oil production on a global scale has increased significantly, and there are several specific countries which have emerged as key players. For example, in 1965, one of the lowest oil producing countries was the Asia Pacific which was producing about 30 million barrels of oil per day. However, in 2010, it was the highest oil producer and produced around 60 million barrels of oil/day. In the next few years up until 2015, Asia Pacific is expected to maintain its status as being one of the top producers of oil, producing around 70 million barrels of oil a day. Alongside the Asian Pacific region, in 2009, total oil production was 84 million barrels/day and the top 8 producers consisted of Saudi Arabia, USA, Russia, Iran, China, Venezuela, Mexico and Norway. These 8 countries accounted for over 50% of global production. On the other hand, the pattern of global oil production in some countries has not changed significantly. An example of this is North African where since 1965 and predicted until 2015, oil production has been stagnated at 10 million barrels of oil being produced everyday. Oil production is marginal and non-existent in a large number of countries, including many in Western Europe and Africa.
The global pattern of oil production has changed over the recent decades. Overall, oil production on a global scale has increased significantly, and there are several specific countries which have emerged as key players. For example, in 1965, one of the lowest oil producing countries was the Asia Pacific which was producing about 30 million barrels of oil per day. However, in 2010, it was the highest oil producer and produced around 60 million barrels of oil/day. In the next few years up until 2015, Asia Pacific is expected to maintain its status as being one of the top producers of oil, producing around 70 million barrels of oil a day. Alongside the Asian Pacific region, in 2009, total oil production was 84 million barrels/day and the top 8 producers consisted of Saudi Arabia, USA, Russia, Iran, China, Venezuela, Mexico and Norway. These 8 countries accounted for over 50% of global production. On the other hand, the pattern of global oil production in some countries has not changed significantly. An example of this is North African where since 1965 and predicted until 2015, oil production has been stagnated at 10 million barrels of oil being produced everyday. Oil production is marginal and non-existent in a large number of countries, including many in Western Europe and Africa.
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I think if you added a sentence or two about the demand and supply of oil.
ReplyDeleteMention how the drive of the demand and supply of oil can affect the oil production
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