Friday, November 24, 2006

Venezuela Says IEA and OPEC are lying

If VE's output is only 2.5Mbbl/day, then one Shell Canadian tar sand plant is going to produce as much as 5% of the total VE daily output.

Here is energy independence, right in front of our noses. BTW, the US currently produces more oil that VE or Iran individually.

[...]Venezuela says it produces about 3.3 million barrels a day, but many outside sources - including the IEA, Organization of Petroleum Exporting Countries, and the U.S. Energy Information Agency - put actual production closer to about 2.5 million barrels a day.[...]

1 comment:

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