PETRÓLEO - OLEUM PETRAE - PETROLEUM

«Natural petroleum spring in Korňa, Slovakia» - Branork (http://en.wikipedia.org/wiki/Petroleum#mediaviewer/File:Kor%C5%88ansk%C3%BD_ropn%C3%BD_prame%C5%88.JPG)

http://en.wikipedia.org/wiki/Price_of_oil#mediaviewer/File:Crude_oil_prices_since_1861_%28log%29.png

http://upload.wikimedia.org/wikipedia/commons/thumb/0/0f/Brent_Spot_monthly.svg/1080px-Brent_Spot_monthly.svg.png

The Saudi Arabian oil minister, Ali al-Naimi said in December, 2014:
«Why should I cut production? (…) This is a market and I’m selling in a market. Why should I cut? (...)
In a situation like this, it is difficult, if not impossible, for the kingdom or for OPEC to take any action that would reduce its market share and increase the shares of others, at a time when it is difficult to control prices (...) We would lose on both market share and price.»
«If they want to cut production they are welcome: We are not going to cut, certainly Saudi Arabia is not going to cut.»
«As a policy for OPEC, and I convinced OPEC of this, even Mr al-Badri (the OPEC secretary general) is now convinced, it is not in the interest of OPEC producers to cut their production, whatever the price is (...).
Whether it goes down to $20, $40, $50, $60, it is irrelevant (...)»

«The best thing for everybody is to let the most efficient producers produce»

So the petroleum game was changed: with decrease of demand and with the power in the market more multipolar, the players change them strategies ... and now we have a trend to fall of prices after so much time with a high level after the manifestation of crisis in 2008 and 2009.

We have here strong consequences in geostrategic point of view with increase of power of United States of America and the decrease of power of «emergent countries» and more and more vulnerabilities for countries like Venezuela under a badly management of the money that came from petroleum.

Costs for Producing Crude Oil and Natural Gas, 2007–2009
2009 Dollars per Barrel of Oil Equivalent¹

	Lifting Costs	Finding Costs	Total Upstream Costs
United States – Average	$12.18	$21.58	$33.76
On-shore	$12.73	$18.65	$31.38
Off-shore	$10.09	$41.51	$51.60
All Other Countries – Average	$9.95	$15.13	$25.08
Canada	$12.69	$12.07	$24.76
Africa	$10.31	$35.01	$45.32
Middle East	$9.89	$6.99	$16.88
Central & South America	$6.21	$20.43	$26.64

¹5,618 cubic feet of natural gas equivalent to one barrel.
http://www.eia.gov/tools/faqs/faq.cfm?id=367&t=8

Exports

http://en.wikipedia.org/wiki/Petroleum#mediaviewer/File:2012_Crude_Oil_Export_Treemap.png

Production


http://en.wikipedia.org/wiki/Petroleum#mediaviewer/File:Oil_producing_countries_map.png

Consumption

http://upload.wikimedia.org/wikipedia/commons/9/9a/OilConsumptionpercapita.png

Reserves

http://upload.wikimedia.org/wikipedia/commons/e/e3/Oil_Reserves.png