Reading BP’s Statistical Review of World Energy 2007 (available as an MS Excel workbook on the Internet at: http://www.bp.com/statisticalreview), I was forced to convert the raw data into graphs to make any sense of them; this post contains these graphs.The graphs are presented without any conclusions or arguments, just an explanation of the data.
Graph 1: First we start with the price of oil. Two prices are plotted ($-left side) one for nominal price and the other inflation-adjusted price from 1861 to 2006.
Graph 1
Graph 2: This graph is a composition of the most important data about oil; it shows oil production, consumption and refinery capacity (thousands of barrels per day-left side) and also the spot price ($-right side) from 1965 to 2006.
Graph 2
Those with sharp eyes will notice that from 1982 onward oil consumption exceeds production that is because the numbers for production “excludes liquid fuels from other sources such as biomass and coal derivatives.” While those for consumption include “consumption of fuel ethanol and biodiesel is also included.“
Graph 3: This graph shows the relation between price and excess refinery capacity. It plots the price ($-right side) and the difference between refinery capacity and oil consumption (thousands of barrels per day-left side) from 1965 to 2006.
Graph 3
Graph 4: This graph shows oil production in different parts of the word. It plots total world production (thousands of barrels per day-right side) and the total production of North America, South & Central America, Europe & Eurasia, Middle East, Africa and Asia Pacific (thousands of barrels per day-left side) from 1965 to 2006.
Graph 4
Graph 5: This graph shows refinery capacity in different parts of the world. It plots total world capacity (thousands of barrels per day-left side) and the total capaicty of North America, South & Central America, Europe & Eurasia, Middle East, Africa and Asia Pacific (thousands of barrels per day-right side) from 1965 to 2006 [it also shows the total for China which is a component of Asia Pacific].
Graph 5
Graph 6: This graph shows refinery capacity in different parts of Europe. It plots the total capacity of Belgium, France, Germany, Greece, Italy, the Netherlands, Norway, the Russian Federation, Spain, Sweden, Turkey and the UK (thousands of barrels per day-left side) from 1965 to 2006 [Russian Federation from '78 onward].
Graph 6
Graph 7: This graph shows coal production in different parts of the word. It plots total world production (millions of tonnes-right side) and the total production of North America, Europe & Eurasia and Asia Pacific (millions of tonnes-left side) from 1981 to 2006.
Graph 7
Graph 8: This graph shows electricity generation in different parts of the word. It plots total world generation (terawatt hours-right side) and the total generation of North America, South & Central America, Europe & Eurasia, Middle East, Africa and Asia Pacific (terawatt hours-left side) from 1990 to 2006 [it also shows the total for China which is a component of Asia Pacific].
Graph 8
Graph 9: This graph shows hydroelectric energy consumption in different parts of the word. It plots total world consumption (millions of tonnes of oil equivalent-right side) and the total consumption of North America, South & Central America, Europe & Eurasia, Middle East, Africa and Asia Pacific (millions of tonnes of oil equivalent-left side) from 1965 to 2006 [it also shows the total for China which is a component of Asia Pacific].
Graph 9
