{"id":39943,"date":"2018-10-31T07:04:19","date_gmt":"2018-10-31T12:04:19","guid":{"rendered":"http:\/\/olduvai.ca\/?p=39943"},"modified":"2018-10-31T07:04:19","modified_gmt":"2018-10-31T12:04:19","slug":"saudi-update-october-2018","status":"publish","type":"post","link":"https:\/\/olduvai.ca\/?p=39943","title":{"rendered":"Saudi Update October 2018"},"content":{"rendered":"

Saudi Update October 2018<\/a><\/h3>\n
\n

We do not know where the Khashoggi case will go but what is happening in Saudi Arabia is\u00a0 important for the world.<\/p>\n

Jodi data up to Aug 2018, released 19\/10\/2018\u00a0 http:\/\/www.jodidb.org<\/a><\/p>\n

\"Major_crude_exporters_Oct2018\"Fig 1: Saudi Arabia is crude exporter #1<\/p>\n

Note that these are gross exports. The US (which is a net importer of crude<\/a>) is shown for comparison.<\/p>\n

\"SaudiArabia_crude_prod_exports_2002-Aug2018_Jodi\"Fig 2: Saudi crude production and exports<\/p>\n

Crude oil exports (red line) have been on a bumpy plateau between 7-8 mb\/d since 2011, but in 2018 were actually lower than in 2005 when global crude production first peaked. Increases in production (black line) were modest (compared to Saudi\u2019s claimed reserves of 266 Gb) and mainly used domestically:<\/p>\n

\"Saudi_crude_use_exports_2002-Aug2018\"Fig 3: Use of Saudi crude production (stacked)<\/p>\n

The light green area is stock build, the dark red area stock draw (sitting on top of the production curve) and used as refiner intake. See Fig 8 for more details.<\/p>\n

\"Saudi_direct_burn_2009-Aug2018\"Fig 4: Saudi direct crude burn in power plants<\/p>\n

This is highly seasonal between 300 kb\/d in winter and 600 kb\/d in summer.<\/p>\n

\u2026click on the above link to read the rest of the article\u2026<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Saudi Update October 2018 We do not know where the Khashoggi case will go but what is happening in Saudi Arabia is\u00a0 important for the world. Jodi data up to Aug 2018, released 19\/10\/2018\u00a0 http:\/\/www.jodidb.org Fig 1: Saudi Arabia is crude exporter #1 Note that these are gross exports. The US (which is a net […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[3],"tags":[6292,1135,595,701],"class_list":["post-39943","post","type-post","status-publish","format-standard","hentry","category-energy-2","tag-crude-oil-peak","tag-oil-exports","tag-oil-production","tag-saudi-arabia"],"_links":{"self":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/39943","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=39943"}],"version-history":[{"count":1,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/39943\/revisions"}],"predecessor-version":[{"id":39944,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/39943\/revisions\/39944"}],"wp:attachment":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=39943"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=39943"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=39943"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}