Rank Country Production 1 Saudi Arabia 10,665 2 Russia 9,677 3 United States 8,330 4 Iran 4,148 5 China 3,845 6 Mexico 3,707 7 Canada.

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Presentation transcript:

Rank Country Production 1 Saudi Arabia 10,665 2 Russia 9,677 3 United States 8,330 4 Iran 4,148 5 China 3,845 6 Mexico 3,707 7 Canada 3,288 8 United Arab Emirates 2,945 9 Venezuela 2, Norway 2, Kuwait 2, Nigeria 2, Brazil 2, Algeria 2, Iraq 2,008 Rank Country Exports 1 Saudi Arabia 8,525 2 Russia 6,866 3 United Arab Emirates 2,564 4 Norway 2,551 5 Iran 2,462 6 Kuwait 2,340 7 Venezuela2,183 8 Nigeria 2,131 9 Algeria 1, Mexico 1, Libya 1, Iraq 1, Angola 1, Kazakhstan 1, Qatar 1,032

Michael L. Ross, Does Oil Hinder Democracy?, World Politics 53.3 (2001)

F.L & L.A. Rivera-Batiz, International Finance and Open Economy Macroeconomics (Optional Textbook), 2nd ed., 1994, p.357. The left scale for manufacturing share and the right scale for oil & gas share in GDP

References Michael L. Ross, Does Oil Hinder Democracy?, World Politics 53.3 (2001) Daryl Press, Class Lecture Powerpoint Presentation, Government 53, Dartmouth College, Fall 2007 Campbell, Colin J., and Jean Laherrere “The End of Cheap Oil.” Scientific American 278(3): g globalsecurity.org