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CHINA JAPAN RUSSIA GERMANY INDIA CANADA BRAZIL SOUTH KOREA MEXICO Millions of barrels per day, 2005 SOURCE: ENERGY INFORMATION ADMINISTRATION Ordinarily, one might reasonably expect to see the price of crude oil drop considerably from such a level, were it not for the fact that OPEC's excess production capacity has fallen over the years, from millions of barrels per day to around 500,000 barrels per day, according to crude-oil supply analysts. Oil Supply 2000 Source Millions of Barrels Per Day Domestic Production 9. |
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