Interactive: Tracking the Energy Titans
Comparing USA, China, and Canada in terms of energy
Today’s interactive infographic comes to us from the Wilson Center, a non-partisan think tank based in Washington, D.C.
This in-depth series of charts and data extensively covers energy consumption, production, imports, and exports in three different countries: China, Canada and the United States. These energy titans all have significantly different economies, so the comparison becomes very interesting.
China is the world’s engine and has over a billion people within its borders. The United States has the most advanced and diversified economy, but has about a third of the population. Canada is an advanced economy that is also a significant energy exporter, but it only has 10% of the population of the United States.
The interactive infographic is split into five different tabs: production, imports, exports, consumption, and impact. Within each tab, there are options to look at data on different energy sources and types of consumption (industrial, residential, commercial). Lastly, the charts can also be displayed in terms of total numbers or per capita.
The factoids come fast and furious on the right-hand section. Here’s a few we liked:
- The domestic oil boom in the United States has cut the need to import oil products by 40 percent since 2007.
- China is the world’s factory and its industries use twice as much energy as U.S. manufacturers and over 15 times more energy than Canadian manufacturers.
- 82 percent of electricity in China comes from coal, pushing total consumption above the United States for the first time in 2011. But per capita consumption levels are far off when spread out over China’s 1.37 billion people.
- In aggregate, U.S. drivers use 16 times more energy in transportation than their Chinese counterparts.
- China leads the world in coal-fired power plants, one of the “thirstiest” methods of power generation. U.S. generation from coal has dropped precipitously since 2008, but coal and nuclear power plants still accounted for 37 percent of all water used in 2012.
There are some enlightening facts here, especially when looking at a “per capita” perspective. As China develops into a more sophisticated economy with a bigger middle class, the country’s already astounding numbers will grow even more.
For commodity bulls, it is a reminder that there is still a lot of room left for growth on the demand side of the equation – it just may take longer than hoped.
Charted: The World’s Biggest Oil Producers
Just three countries—the U.S., Saudi Arabia and Russia—make up the lion’s share of global oil supply. Here are the biggest oil producers in 2022.
Charted: The World’s Biggest Oil Producers in 2022
In 2022 oil prices peaked at more than $100 per barrel, hitting an eight-year high, after a full year of turmoil in the energy markets in the wake of the Russian invasion of Ukraine.
Oil companies doubled their profits and the economies of the biggest oil producers in the world got a major boost.
But which countries are responsible for most of the world’s oil supply? Using data from the Statistical Review of World Energy by the Energy Institute, we’ve visualized and ranked the world’s biggest oil producers.
Ranked: Oil Production By Country, in 2022
The U.S. has been the world’s biggest oil producer since 2018 and continued its dominance in 2022 by producing close to 18 million barrels per day (B/D). This accounted for nearly one-fifth of the world’s oil supply.
Almost three-fourths of the country’s oil production is centered around five states: Texas, New Mexico, North Dakota, Alaska, and Colorado.
We rank the other major oil producers in the world below.
|YoY Change||Share of
|2||🇸🇦 Saudi Arabia||12,136||+10.8%||12.9%|
|36||🇸🇸 South Sudan||141||-7.6%||0.2%|
|51||Other Middle East||210||+1.2%||0.2%|
|54||Other Asia Pacific||177||-10.6%||0.2%|
|55||Other S. &|
Behind America’s considerable lead in oil production, Saudi Arabia (ranked 2nd) produced 12 million B/D, accounting for about 13% of global supply.
Russia came in third with 11 million B/D in 2022. Together, these top three oil producing behemoths, along with Canada (4th) and Iraq (5th), make up more than half of the entire world’s oil supply.
Meanwhile, the top 10 oil producers, including those ranked 6th to 10th—China, UAE, Iran, Brazil, and Kuwait—are responsible for more than 70% of the world’s oil production.
Notably, all top 10 oil giants increased their production between 2021–2022, and as a result, global output rose 4.2% year-on-year.
Major Oil Producing Regions in 2022
The Middle East accounts for one-third of global oil production and North America makes up almost another one-third of production. The Commonwealth of Independent States—an organization of post-Soviet Union countries—is another major regional producer of oil, with a 15% share of world production.
|YoY Change||Share of
|South & Central|
What’s starkly apparent in the data however is Europe’s declining share of oil production, now at 3% of the world’s supply. In the last 20 years the EU’s oil output has dropped by more than 50% due to a variety of factors, including stricter environmental regulations and a shift to natural gas.
Another lens to look at regional production is through OPEC members, which control about 35% of the world’s oil output and about 70% of the world’s oil reserves.
When taking into account the group of 10 oil exporting countries OPEC has relationships with, known as OPEC+, the share of oil production increases to more than half of the world’s supply.
Oil’s Big Balancing Act
Since it’s the very lifeblood of the modern economy, the countries that control significant amounts of oil production also reap immense political and economic benefits. Entire regions have been catapulted into prosperity and wars have been fought over the control of the resource.
At the same time, the ongoing effort to pivot to renewable energy is pushing many major oil exporters to diversify their economies. A notable example is Saudi Arabia, whose sovereign wealth fund has invested in companies like Uber and WeWork.
However, the world still needs oil, as it supplies nearly one-third of global energy demand.
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