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> The single most important number as it pertains to Saudi Arabia, is barrels of oil produced per capita Wouldn't the important number be the barrels of oil ex
by martinpw 5y ago
> The single most important number as it pertains to Saudi Arabia, is barrels of oil produced per capita
Wouldn't the important number be the barrels of oil exported per capita rather than produced?
Which actually makes things even worse, because the exploding population means an increasing amount of the oil production is consumed internally - this page suggests less than 60% of production is now exported (2016 data):
https://www.worldometers.info/oil/saudi-arabia-oil/ https://www.worldometers.info/oil/saudi-arabia-oil/
and the graph here (when switched to max date range) shows the dramatic increase in consumption over time, albeit with some slight falloff more recently:
https://www.ceicdata.com/en/indicator/saudi-arabia/oil-consumption https://www.ceicdata.com/en/indicator/saudi-arabia/oil-consu...