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Old 06-18-2012, 01:55 PM   #23
macker
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Join Date: Apr 2007
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Quote:
Originally Posted by bizaro86 View Post
Ok, that's not exactly a standard usage, but fair enough. Currently the US is producing 6.2 mmboe/d, and importing 8.8 mmboe/d, according to the US EIA. http://205.254.135.7/oog/info/twip/twip_crude.html

Iran exports ~2.5 mmboe/d (http://www.indexmundi.com/iran/oil_exports.html) so for the US net exports to exceed Iran's they'd have to produce approximately 17.5 mmboe/d, or not quite triple their current production. I'm pretty sure that's not going to happen in the next 18 years, since that's pretty close to the total of what Russia and Saudi Arabia are currently producing.




I would wager a billion bakken barrels on this.....
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