Yet another oil question. Does anyone know anything about the Middle East Economic Survey? Is it considered a standard source?
I ask because: in Peter Millard's Dow Jones article "Venezuela 's PdVSA Ramps Up Publicity Ahead Of Recall" (July 30), the second-to-last paragraph reads:
"The government claims the "new PdVSA" has brought oil production back to the 3.1 million barrels a day Venezuela was producing before the strike, but independent analysts put the figure closer to 2.6 million b/d."
Whereas today's Dow Jones article "OPEC Pumps 30 Mln B/D In July, 25-Yr Record - MEES," filed by Shai Oster from London, gives 2.69 million b/d for July and 2.68 million b/d for June, i.e. 2.7 million b/d, based on the Middle East Economic Survey. So my question: is there a reason to report 2.6 million b/d as the "independent analysts" figure, rather than 2.7 million b/d? (other than liking truncation better than rounding...)
-- Robert Naiman Senior Policy Analyst Venezuela Information Office 733 15th Street, NW Suite 932 Washington, DC 20005 t. 202-347-8081 x. 605 f. 202-347-8091 www.veninfo.org ::: ::: ::: ::: ::: ::: ::: The Venezuela Information Office is dedicated to informing the American public about contemporary Venezuela. More information is available from the FARA office of the Department of Justice in Washington, DC.
