Examples of 'global oil production' in a sentence
Meaning of "global oil production"
global oil production - This phrase refers to the total amount of oil extracted, refined, and made available for consumption on a worldwide scale. It encompasses the combined output of crude oil, petroleum products, and other related resources from various countries and regions across the globe
How to use "global oil production" in a sentence
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global oil production
Global oil production has not yet peaked.
So the future direction of global oil production may be hanging in the balance here.
Global oil production will peak.
But that is still just a drop in the bucket compared to global oil production.
Global oil production continues to exceed global oil consumption.
Saudi Arabia has a pivotal role in global oil production.
In a few years global oil production will begin to decline.
Peak Oil is the point of maximum global oil production.
Half of global oil production goes for gasoline for cars.
The US now dominates global oil production.
The peak in global oil production marks a fundamental change in supply.
The Middle East is a key component of global oil production.
Why the global oil production increasing?
The world is approaching the ‘ peak ' of global oil production.
Moreover, global oil production will probably peak within a few years.
See also
OPEC consists of the world 's major oil producers and about 37 % of global oil production.
Global oil production will peak ( or has already possibly peaked ) within several decades.
Finally, the global oil production chart.
Global oil production is still growing,.
So-called " Peak Oil " has already been reached, and global oil production is steadily declining.
As global oil production peaks and declines, it will also cause World GDP to fall.
Production = = = The point in time when peak global oil production occurs defines peak oil.
Global oil production will increase by approximately65 % and gas production is set to double.
These countries account for over 20 % of global oil production and over 45 % of known oil reserves.
Rather, global oil production will rise, reach one or more peaks, and decline.
Saudi Arabia controls a 10 % of global oil production.
Chart 1 Global oil production and consumption.
Over the past decade, China has absorbed 48 % of the increase in global oil production.
When will global oil production peak?
The Gulf of Mexico accounts for only 2.3 % of global oil production.
All in all, then, global oil production remains on an upward trajectory.
Global oil production has already peaked, i.e. reached its maximum.
Approximately 10 % of the global oil production currently takes place in the Arctic Region.
Once global oil production " peaks ", prices will quickly ripple through the economy.
Chart 12, OPEC 's share of global oil production is declining Third, financial linkages.
When global oil production “ peaks ”, prices will quickley ripple through the economy.
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