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They rank #4 behind Texas, Alaska, and California respectively. However, federal offshore production is technically #1 with about 500mil barrels of oil produced per year.
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What kind of industries does Louisiana have?
There are different kinds of industries in Louisiana. The most common industries include petrochemical production, natural gas plants and crude oil refineries among others.
Which area accounts for one quarter of US crude oil production?
The Gulf of Mexico makes up one quarter of US crude oil production.
Where does Venezuela rank in oil production in the world?
2nd rank in the world.
Is crude oil found in NZ?
Yes, New Zealand has oil reserves and production.
How many gallons of motor oil come fron 42 gallons of crude oil?
That is variable based on the quality of the crude oil, and refineries can also adjust the production of different oils. The majority of crude is converted to fuel.
Is there a method of extracting biopesticides from Jatropha crude oil?
Bio-pesticides are derived as residual bi-products after fermentation of the jatropha crude oil for biodiesel production
Which state has the lowest production of crude oil Alabama Arkansas or Kentucky?
Kentucky
Where does Mexico rank in the world's crude oil exports?
Mexico would qualify as the 12th largest exporter of crude petroleum in the world, with an average of 1.46 million oil barrels per day.
What are the reasons NYMEX crude oil goes up and down in price?
There are many reasons why NYMEX crude oil goes up and down in prices. This includes the level of production from crude oil suppliers as well as world events and government policy.
What percentage of the worlds oil reserves are controlled by OPEC countries?
The 12 OPEC contries control 79% of the worlds crude reserves and 44% of the worlds crude oil production.
Which international organization was formed to set policies related to crude oil production?
OPEC
What are the main uses of crude oil?
Most of the crude oil is used to obtain motor gasoline, diesel, heating oil, jet fuel, and liquefied petroleum gases. Thus the crude oil is mostly used to produce energy. Small portion of crude oil is converted into petrochemical feedstock used in production of plastics, rubber, fertilizers, cosmetics and the like.
