Slide The Saudi Arabia, The Us Will Be ' Oil Tycoon ' World

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Paris -2020 later United States (US) will shift the position of Saudi Arabia as the largest oil producer in the world. During this time the U.S. is indeed save its oil reserves and many import crude oil from abroad.

The institution of the International Energy Agency (IEA) says, the situation bergesernya this oil producers would change the map of the world energy trade.

"At this time there is an increase in oil and gas production in the us which would encourage economic activity, as well as make changes to map global energy trading," the IEA said in a statement about the market prediction of energy was quoted as saying Monday, AFP (12/11/2012).

According to the latest data, the production of oil in the United States (u.s.) totaled 10,59 million barrels per day. U.s. oil contributions over the world's oil reserves is 3.1%.

The u.s. does not do oil exports aka keep it active itself, but import oil. The number of proven oil reserves in the u.s. is 20,68 billion barrels.

Oil production in Saudi Arabia oil totaled 11.75 million barrels per day. The contribution of Saudi Arabia oil over oil reserves the world is 13,24%.

Within a day, Saudi Arabia's oil exports to the United States (US) as much as 1.42 million barrels.

The IEA also said global oil demand will rise in the next two decades, particularly the demand from emerging countries (developing). World oil demand will increase 14% from now until 2035 be 99,7 million barrels per day.

The IEA estimated global oil demand problem is up 700 thousand barrels per day compared to the predictions of a year ago. This shows how great the energy needs in the future.

Along with the increase in world oil demand, oil prices until 2035 is expected to be increased to touch US $ 125 a barrel this year's price of about US $ 107 a barrel.

"Rising oil consumption from emerging countries is driven by the need for transportation fuels in China, India, and the Middle East," said the IEA.

Even though it will be the largest producer of oil producers, the u.s. is still importing 20% of its energy needs.

(dnl/hen)



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