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Section 10. International Energy.

Crude Oil Production. World crude oil production during December 2000 was 69 million barrels per day, down by 1.3 million barrels per day from the level in the previous month. World crude oil production during 2000 averaged 68 million barrels per day, up 2.1 million barrels per day, compared with production in 1999.

Organization of Petroleum Exporting Countries (OPEC) production during December 2000 averaged 29 million barrels per day, down 1.4 million barrels per day from the level during the previous month. OPEC production during 2000 averaged 29 million barrels per day, a 6-percent increase, compared with production in the previous year. During December 2000, production increased in Iran by 75 thousand barrels per day; Venezuela by 30 thousand barrels per day; Algeria by 15 thousand barrels per day; and in the United Arab Emirates, Nigeria, Indonesia, and Libya, each by 5 thousand barrels per day. Production decreased in Iraq by 1.5 million barrels per day; Saudi Arabia by 100 thousand barrels per day; and Kuwait by 5 thousand barrels per day. Production remained unchanged in Qatar.

Among the non-OPEC nations, production during December 2000 increased in Mexico by 78 thousand barrels per day; Russia by 34 thousand barrels per day; the United Kingdom by 22 thousand barrels per day; Norway by 9 thousand barrels per day; and China by 6 thousand barrels per day. Production decreased in the United States by 29 thousand barrels per day and Canada by 8 thousand barrels per day. Production remained unchanged in Egypt.

Petroleum Consumption. In October 2000, consumption in all Organization for Economic Cooperation and Development (OECD) countries was 42.8 million barrels per day, slightly higher than the October 1999 rate. Comparing October rates in 2000 and 1999, consumption was higher in 2000 in France (+11 percent); Canada (+8 percent); and the United Kingdom (+2 percent). The October 2000 consumption rate was lower in Germany (-5 percent); Japan and Italy (each -2 percent); and the United States (-1 percent), compared with the rate 1 year earlier.

Petroleum Stocks. For all OECD countries, petroleum stocks at the end of October 2000 totaled 3.6 billion barrels, 4 percent lower than the ending stock level in October 1999. Stock levels were lower in October 2000 in Germany (-7 percent); the United States (-5 percent); the United Kingdom (-4 percent); Japan (-3 percent); and Canada (-2 percent). Stock levels were higher in Italy (+6 percent) and France (+1 percent), compared with levels 1 year earlier.

Nuclear Electricity Generation. Based on Nucleonics Week(2) information for December 2000, all reporting countries with nuclear capacity generated 234.0 gross terawatthours (one terawatthour equals 1 billion kilowatthours) of nuclear-generated electricity.

As of December 31, 2000, there were 436 operable nuclear generating units in the world.

[Figures 10.1-10.5 ILLUSTRATION OMITTED]

[TABULAR DATA 10.1a-10.4e NOT REPRODUCIBLE IN ASCII]

(1) Percentage changes are based on unrounded data.

(2) A copyrighted publication of The McGraw-Hill Publishing Companies, Inc. Used with permission.

Sources for Tables 10.1a and 10.1b

United States--See Table 3.1a.

All Other Countries: Monthly Data

1998-forward: Petroleum Intelligence Weekly, Oil and Gas Journal, and other industry sources.

All Other Countries: Annual Data

1973-1979: Energy Information Administration (EIA), International Energy Annual 1981, Table 8.

1980-1999: Office of Energy Markets and End Use, International Energy Database, December 2000.

2000: Average of monthly data.

World: Monthly Data

1998-forward: EIA, International Petroleum Monthly, sum of all countries' monthly data.

World: Annual Data

1973-1979: EIA, International Energy Annual 1981, Table 8.

1980-1999: Office of Energy Markets and End Use, International Energy Database, December 2000.

2000: Average of monthly data.
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Title Annotation:statistics
Publication:Monthly Energy Review
Article Type:Brief Article
Geographic Code:1USA
Date:Mar 1, 2001
Words:605
Previous Article:Section 9. Energy Prices.
Next Article:Appendix A. Thermal Conversion Factors.
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