Clicking on the following button will update the content below. To make space for more croplands and pastures, we have been displacing forests, grasslands and peatlands areas of rich biodiversity. Led by Saudi Arabia, it controls production, supply and pricing in the global petroleum market. IUCN Oil Palm Task Force Gland, Switzerland: IUCN. As of 2022, the US had the 11th largest oil reserves in the world at 35.23 billion barrels. So, Who uses palm oil and what is it used for? Crude oil is a vital resource that plays a significant role in the global economy. Effect of oil palm sustainability certification on deforestation and fire in Indonesia. The world consumes 35,442,913,090 barrels of oil as of the year 2016, equivalent to 97,103,871 barrels per day. Top of Page Print Page 2023 Organization of the Petroleum Exporting Countries Sitemap Data Policy Disclaimer Terms and Conditions If we got it from rapeseed wed need an area similar to the size we use today; from coconuts, an area the size of Canada; and in the most extreme case, wed have to devote 2 billion hectares to sesame seeds a bit more than Canada, the USA, and India combined. While the upstream sector could see its capacity cushion deflate, the refining sector is struggling with excess capacity. But this is reasonably consistent with studies that have looked at the expansion of palm plantations more broadly. ";padding-right:0.5em;padding-left:0.5em;font-weight:bold}.mw-parser-output .static-row-header-hash thead tr::before{content:"#";padding-right:0.5em;padding-left:0.5em;font-weight:bold}.mw-parser-output .static-row-header-row thead tr::before{content:"Row";padding-right:0.5em;padding-left:0.5em;font-weight:bold}body:not(.skin-minerva) .mw-parser-output .static-row-numbers.wikitable tr::before{background-color:#eaecf0;vertical-align:middle}body:not(.skin-minerva) .mw-parser-output .static-row-numbers.mw-datatable:not(.wikitable) tr::before{background-color:#eaeeff}.mw-parser-output table.static-row-numbers.wikitable tbody tr:not(.static-row-header)::before,body:not(.skin-minerva) .mw-parser-output .static-row-numbers.mw-datatable:not(.wikitable) tbody tr::before{border:1px solid #a2a9b1}.mw-parser-output .static-row-numbers-period2 tbody tr::before{content:counter(rowNumber)". The country's rig count went from nine . This would represent an increase of 4.4 mb/d from 2019 levels. In our base case which takes into account current industry plans, government policies and existing energy transition initiatives global oil demand is forecast to rise by 3.5 mb/d between 2019 and 2025. By 2026, global effective spare production capacity (excluding Iran) could fall to 2.4mb/d, its lowest level since 2016. Stats As the country records increasing rig counts and crude production, its . (2018). This is based on reported figures as of November 2020. Environmental Research Letters, 14(1), 014001. This comparison is shown in the chart.12 Palm oil stands out immediately. In Germany, for example, bioenergy is the largest use, accounting for 41% (more than food at 40%). Explore palm oil production across the world, and its impacts on the environment. In the map we see the distribution of production across the world. As wed expect, we see vast differences. To produce one tonne of oil we need only 0.3 hectares of land from palm oil; 1.4 hectares from sunflower or rapeseed; 3.7 hectares from coconut; or 7 hectares from groundnut. Thats around four times higher than alternatives such as sunflower or rapeseed oil (where you get about 0.7 tonnes per hectare); and 10 to 15 times higher than popular alternatives such as coconut or groundnut oil .13. Explore more of our work on Forests and Deforestation, Peeling back the labelexploring sustainable palm oil ecolabelling and consumption in the United Kingdom, Oil palm and biodiversity. According to the 2022 BP Statistical Review of World Energy, Venezuela has more proved oil reserves than any other country in the world. Although total U.S. oil production declined between 1985 and 2008, annual production increased nearly every year from 2009 through 2019, reaching the highest amount on record in 2019. But, most of the research concludes that, particularly in tropical forests in Southeast Asia, palm expansion has played a significant role. Many believe that boycotting palm oil is how we make a difference. The breakdown of global vegetable oil production by crop is shown in the stacked area chart. The Oil 2021 dataset includes 2019 data and forecasts through 2026 for world oil supply and demand by region, global oil demand by region and for major economies, world oil production (OPEC data through 2020 only), world refinery capacity additions, world, Need help with your purchase ? Increased crop yields. Global oil production has continued to rise over the years. And why has the country seen its oil production plummet by more than 75% over the past decade? You have permission to use, distribute, and reproduce these in any medium, provided the source and authors are credited. Output in 2018 helped the Middle Eastern nation regain its sixth spot position. With a rough estimate of 11,567,000 barrels per day, the United States is the top oil-producing country in the world, as it has been for many years. Intact forests are a specific subset of primary forests which are very rich sites of biodiversity, and are largely undisturbed by human activity. Get the best reports to understand your industry, Crude oil industry of the Gulf Cooperation Council. Most of Russias reserves are located in West Siberia, between the Ural Mountains and the Central Siberian Plateau, as well as in the Urals-Volga region, extending into the Caspian Sea. Once extracted from the Earth, crude oil is refined to make several products, including gasoline, jet fuel and other petroleum products such as kerosene, paraffin, petrochemical feedstocks, solvents and lubricants. In other words, how much land would be needed if the 218 million tonnes of oil was only produced from palm oil, or only produced from rapeseed? Our World In Data is a project of the Global Change Data Lab, a registered charity in England and Wales (Charity Number 1186433). Nearly all of Canadas proven oil reserves are located in Alberta, and according to the provinces government, 97 percent of oil reserves there are in the form of oil sands. The country has seen its oil production decrease significantly in recent years, falling from 4,788,000 bpd in 2019 to 4,149,000 bpd in 2021. Historical Chart 10 Year Daily Chart By Year By President By Fed Chair Licenses: All visualizations, data, and articles produced by Our World in Data are open access under the Creative Commons BY license. In 2020, the start of our forecast period, oil demand was nearly 9mb/d below the level seen in 2019, and it is not expected to return to that level before 2023. Thats an area similar to the size of India. Aligning with the World Energy Outlooks Sustainable Development Scenario which maps out a trajectory consistent with the climate goals of the Paris Agreement and other sustainable energy objectives oil demand would have to decline by 3mb/d over the same period. At the same time, more and more governments are focusing on the potential for a sustainable recovery as a way to accelerate momentum towards a low-carbon future. They also do not include the increase in liquid volumes during oil refining ("refinery gain"), or liquids separated from natural gas in gas processing plants (natural gas liquids).[1]. If we werent meeting global oil demand through palm oil, another oilcrop would have to take its place. This text provides general information. As we discuss in our related article on this, deforestation accounts for just one-quarter of global tree loss. In 2021, oil demand returned as COVID-19 lockdowns eased worldwide, pushing prices higher. This is true for other tropical oilcrops such as coconut, groundnut, or soy. A pathway to net-zero emissions globally by 2050 would require an even sharper decrease. In March 2022, the US government announced a ban on imports of oil, liquefied natural gas and coal from Russia in response to the invasion of Ukraine. Both of these metrics are sourced from the UN Food and Agriculture Organization (FAO). Please consult our full legal disclaimer. What causes deforestation in Indonesia?. Last on this list of the top 10 oil-producing countries is Kuwait, whose output decreased in 2021 for the third time since 2018. It thrives on high rainfall, adequate sunlight and humid conditions this means the best growing areas are along a narrow band around the equator.4 Palm oil is therefore grown in many countries across Africa, South America, and Southeast Asia. In a paper published in Nature, David Gaveau and colleagues (2016) used satellite imagery to assess what types of land industrial plantations replaced in the Borneo region.9 Industrial plantations include palm oil and pulpwood tree plantations, but are dominated by the former. World crude oil price vs. oil consumption. In 2018, the world produced 72 million tonnes of oil palm. This will involve more concrete government policies and legislative action, as well as major behavioural changes. All the information presented in this energy data tool are extracted from Global Energy & CO2 Data service, the most comprehensive and up-to-date database on crude oil, NGL, non-conventional oil and refined oil products: production, trades, reserves, transformation, prices, consumption per sector and indicators. Create a free IEA account to download our reports or subcribe to a paid service. How can we use palm oil without destroying tropical forests? PloS one, 11(7), e0159668. Help us do this work by making a donation. Indonesia accounted for 57% of this (41 million tonnes), and Malaysia produced 27% (20 million tonnes). Interactive historical chart showing the monthly level of U.S. crude oil production back to 1983 from the US Energy Information Adminstration (EIA). This indicator is measured in thousand tonne of oil equivalent (toe).Crude oil is a mineral oil . xiii + 116pp. Output continued to decline in Latin America (-0.5%, with -1.1% in Brazil) and in Africa (-5.3%), driven down by Nigeria (-11.4%). Founded in 1960, OPEC, or the Organization of the Petroleum Exporting Countries, is a group of 13 countries headquartered in Vienna, Austria. Palm oil is a very productive crop; as we will see later, it produces 36% of the worlds oil, but uses less than 9% of croplands devoted to oil production. Palm oil production has increased rapidly over the past 50 years. The less land we need for farming, the better. These reports can be viewed here. Scientific reports, 6(1), 1-13. The Dominant Oil Producing States Impressively, 71% of total U.S. oil production came from just five states. Thank you for subscribing. And is this reputation justified? In fact, only one-quarter of post-1973 plantations in the Borneo was driven by rapid conversion of this land to plantations (2021% oil-palm; 4.34.8% pulpwood). This means that over the last 50 years the amount of land devoted to growing palm oil has increased a lot. [2] Saudi Arabia and Russia also top the list of oil exporting countries. In the current policy environment, US production growth is set to resume as investment and activity levels pick up in tandem with rising prices. Texas leads the way as the biggest oil-producing state in the nation, with output nearly four times as high as the second biggest oil-producing state, New Mexico. Palm oils contribution to deforestation which has greater environmental impacts than degradation would be higher. Oil and gas production from the UKCS has contributed 271 billion (2008 money) in tax revenues over the last forty years. The IUCN (International Union for Conservation of Nature) Oil Palm Task Force conducted an in-depth review of the literature to understand the impact of palm oil on deforestation.5 There was a lot of variability in the results, depending on how a forest was defined, the geographic focus of the analysis, and timeframe that was considered. Number one on this list of the top 10 oil-producing countries is the US. The rest soybean, olive, coconut, groundnut, and sesameseed used more land than they gave back in oil production. The outlook for the tight oil industry has been tempered by an apparent shift in the business model towards spending discipline, free cash flow generation, deleveraging and cash returns for investors. Total Non-OPEC excludes all countries that are currently members of OPEC. The country holds less than 1% of the world's oil reserves - enough to last around 15 years. One study suggests that palm oil is responsible for around 2% of global tree loss.6 Another suggests it is responsible for only 0.2% of intact forest loss.7 This seems very low. By Robert Rapier - Feb 25, 2023, 10:00 AM CST. Firstly, it has lowest production costs.11 Secondly, its composition means its versatile and can be used for food and non-food purposes alike: some oils are not suited for cosmetic uses such as shampoos and detergents. World Crude Oil Production by Year (Thousand Barrels per Day) Product Crude Oil Natural Gas Liquids Motor Gasoline Jet Fuel Kerosene Distillate Fuel Oil Residual Fuel Oil Liquefied Petroleum Gases Other Petroleum Products Dry Natural Gas Coal Ethanol Fuel Biodiesel Total Primary Energy Electricity Hydroelectric Power Nuclear Electric Power Global crude oil output rose by less than 1% in 2021 after a 7.4% drop in 2020. Energy exports to the US account for the vast majority of Canadas total energy exports. This data is sourced from the UN Food and Agriculture Organization (FAO). [2] As of 2022, California produced 3% of the crude oil of the nation, behind Texas, New Mexico, North Dakota . This topic page can be cited as: All visualizations, data, and code produced by Our World in Data are completely open access under the Creative Commons BY license. From shampoos, to detergents, from chocolate to cookies, companies are trying to eliminate palm oil from their products. U.S. oil production has seen significant growth since 2010. In a large-scale consumer survey across the UK population on perceptions of vegetable oils, palm oil was deemed to be the least environmentally-friendly.1 It wasnt even close. See the distribution of global forests and which countries have the most forest cover. Nigeria's oil production crashes to 900,000b/d. 3 min read. A situation analysis by the IUCN Oil Palm Task Force. Part of what makes this question so challenging to answer is that it depends on whether you only consider palm plantations which immediately and directly replaced existing forest, or whether you include plantations which very quickly replaced forests which had been logged for wood, paper and pulp. Plant Production Science, 8(3), 288-297. In 2018, the country made a slight recovery, producing 3,059,000 bpd; production fell again in 2019 to 3,017,000 bpd. Small amounts of palm oil are grown in many countries, but the global market is dominated by only two: Indonesia and Malaysia. In February 2020, a new cost estimate for the project sent the C$7.4 billion figure to C$12.6 billion; that figure was adjusted again in February 2022, nearly doubling to C$21.4 billion. Although the US is the worlds largest oil producer, its domestic oil consumption far outpaces its homegrown output. Oil production crashes by 83% - Report. 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