Alberta Is Cutting As Much Oil Denmark Produces

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As you have no doubt heard, Alberta Premier Rachel Notley has forced oil production cuts starting at 350,000 barrels per day in January 2019 and hopes to reduce those cuts to 95,000 barrels per day by the end of 2019.  We wanted to know how much oil is that so we worked did the calculations.

If a country produced as much as Alberta is cutting they would be in the top 40 oil producing nations. We estimate that Alberta will cut production by about 35 million barrels per year which averages to more than 164,000 barrels of oil per day.

Take a look at these charts and graphs to show you Alberta will be cutting more oil than Denmark produces in a full year.

Global-Oil-Production-Alberta-cuts
Top 50 Oil Producing Countries Production Numbers in Barrels Per Day

 

Country Oil Production / Barrels per Day
World Production 80,622,000
1  United States[6] 11,300,000
2  Russia 11,200,000
3  Saudi Arabia (OPEC) 10,460,710
4  Iraq (OPEC) 4,451,516
5  Iran (OPEC) 3,990,956
6  China 3,980,650
7  Canada 3,662,694
8  United Arab Emirates (OPEC) 3,106,077
9  Kuwait (OPEC) 2,923,825
10  Brazil 2,515,459
11  Venezuela (OPEC) 2,276,967
12  Mexico 2,186,877
13  Nigeria (OPEC) 1,999,885
14  Angola (OPEC) 1,769,615
15  Norway 1,647,975
17  Qatar 1,622,902
16  Kazakhstan 1,595,199
18  Algeria (OPEC) 1,348,361
19  Oman 1,006,841
20  Libya (OPEC) 1,003,000
21  United Kingdom 939,760
22  Colombia 897,784
22  Indonesia 833,667
23  Azerbaijan 833,538
24  India 734,180
25  Malaysia 661,240
26  Ecuador (OPEC) 548,421
27  Argentina 510,560
28  Romania 504,000
29  Egypt 494,325
31  Congo, Republic of the (OPEC) 308,363
32  Vietnam 301,850
33  Australia 289,749
34  Thailand 257,525
35  Sudan and  South Sudan 255,000
36  Turkmenistan 230,779
37  Equatorial Guinea (OPEC) 227,000
38  Gabon (OPEC) 210,820

***

Alberta Oil CUTS

164,000

39  Denmark 140,637
40  Chad 110,156
41  Brunei 109,117
42  Ghana 100,549
43  Cameroon 93,205
44  Pakistan 84,746
45  Italy 70,675
46  Timor-Leste 60,661
47  Trinidad and Tobago 60,090
48  Bolivia 58,077
49  Papua New Guinea 56,667
50  Uzbekistan 52,913

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