The EIA has reported that their site experienced technical problems last week and that they have not been able to update their weekly and monthly data. Since we do not know when they will publish the April U.S. oil production report, this short different post will fill the gap. The answer to the above question is clearly No. However that does not prohibit one from doing some exploratory analysis. Recently BP issued their annual Statistical Review . While most of it was updated to 2021, the world oil reserves were not and the same 2020 reserves were reported again. The following note was provided to explain why the reserves were not updated: “Please note that due to process improvements for the Statistical Review these reserves tables have not been updated this year.” Looking at the last two years of the BP reserves data, one […]