BP Statistical Review finds global oil share down for 12th year in a row, coal share up to highest level since 1969; renewables at 2%
Green Car Congress
JUNE 13, 2012
The loss of oil supplies in Libya and elsewhere was eventually more than offset by large production increases among Middle Eastern OPEC members, leading to record oil production in Saudi Arabia, the UAE and Qatar. Brent oil prices were on average 40% higher than 2010 and exceeded $100 a barrel for the first time ever; at $111.26/bbl,
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