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April 28, 2011

Graph for the Day for April 28, 2011

By Randall Hoven

"Without a comprehensive energy strategy for the future we will stay stuck in the same old pattern of heated political rhetoric when prices rise and apathy and neglect when they fall again."  President Obama, April 26, 2011.


"Believe me, if I thought there was any evidence at all that drilling could save people money who are struggling to fill up their gas tanks by this summer or the next few years, I would consider it, but it won't."  Barack Obama, June 2008.



Source:  American Petroleum Institute.


Hoven's Index for April 28, 2011


Proven Oil Reserves Holders at the end of 2006:

OPEC:  76%

Former Soviet Union countries:  11%

All other:  13%

World's oil production in 2007:

Shell:  2%

Exxon:  3%

BP: 3%

Iran:  5%

Saudi Aramco:  12%

Source:  DOE/Energy Information Administration.


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