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Wednesday, August 09, 2023

World Oil Production per Capita Has Little Change

There is remarkably little change in world oil production per capita per year:


Note the vertical axis scale is fairly refined, so the annual fluctuations are only about ±5% at most. I would have guessed there'd be a fairly large positive trend. 

Sources:
World Population

I should look at consumption (oil, not tuberculosis).

PS: In US oil-speak, "Mb" means thousands of barrels and MMb means millions of barrels. (Boo.) Took me awhile to figure that out. 

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