150 years ago this week Colonel Edwin Drake struck oil in Titusville, Pennsylvania. Ever since oil has become the most important commodity in the world.Despite the hype about green technologies and other alternative sources of energy, crude oil will continue to be the major source of energy for many years to come.
In this post lets take a quick review at the largest oil producers in 2008 and oil fields.
Top Oil Producing Countries 2008 (in million barrels per day)
World’s Largest Oil Fields
Source: IHS CERA
