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Interactive: Tracking the Energy Titans

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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.

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Energy

The World’s Biggest Oil Producers in 2023

Just three countries accounted for 40% of global oil production last year.

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Donut chart showing the biggest oil producers by country in 2023.

The World’s Biggest Oil Producers in 2023

This was originally posted on Elements. Sign up to the free mailing list to get beautiful visualizations on natural resource megatrends in your email.

Despite efforts to decarbonize the global economy, oil still remains one of the world’s most important resources. It’s also produced by a fairly limited group of countries, which can be a source of economic and political leverage.

This graphic illustrates global crude oil production in 2023, measured in million barrels per day, sourced from the U.S. Energy Information Administration (EIA).

Three Countries Account for 40% of Global Oil Production

In 2023, the United States, Russia, and Saudi Arabia collectively contributed 32.8 million barrels per day to global oil production.

Oil Production 2023Million barrels per day
🇺🇸 U.S.12.9
🇷🇺 Russia10.1
🇸🇦 Saudi Arabia9.7
🇨🇦 Canada4.6
🇮🇶 Iraq4.3
🇨🇳 China4.2
🇮🇷 Iran3.6
🇧🇷 Brazil3.4
🇦🇪 UAE3.4
🇰🇼 Kuwait2.7
🌍 Other22.8

These three nations have consistently dominated oil production since 1971. The leading position, however, has alternated among them over the past five decades.

In contrast, the combined production of the next three largest producers—Canada, Iraq, and China—reached 13.1 million barrels per day in 2023, just surpassing the production of the United States alone.

In the near term, no country is likely to surpass the record production achieved by the U.S. in 2023, as no other producer has ever reached a daily capacity of 13.0 million barrels. Recently, Saudi Arabia’s state-owned Saudi Aramco scrapped plans to increase production capacity to 13.0 million barrels per day by 2027.

In 2024, analysts forecast that the U.S. will maintain its position as the top oil producer. In fact, according to Macquarie Group, U.S. oil production is expected to achieve a record pace of about 14 million barrels per day by the end of the year.

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