No, that statement is not in the least misleading because all countries production are computed in the same way, they don't count Jack Daniels and Budwieser but they do count The total oil production which includes production of crude oil (including lease condensate), natural gas plant liquids, and other wet gas liquids, and refinery processing gain. Don't forget that Saudi is the largest refiner in the region and supplies most of the diesel and jet fuel in the region, plus every drop of other fuel it takes to run a country with zero hydroelectric capacity and zero coal or nuclear power generation so they do consume a substantial amount of their own production, roughly 25% in fact and that is steadily increasing. They do claim excess, currently shut in capacity of roughly 3 million BPD.
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Today's Featured Article - A Lifetime of Farm Machinery - by Joe Michaels. I am a mechanical engineer by profession, specializing in powerplant work. I worked as a machinist and engine erector, with time spent overseas. I have always had a love for machinery, and an appreciation for farming and farm machinery. I was born and raised in Brooklyn, New York. Not a place one would associate with farms or farm machinery. I credit my parents for instilling a lot of good values, a respect for learning, a knowledge of various skills and a little knowledge of farming in me, amo
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