News: Australian Petroleum Production Surges to 7-year High

Australian petroleum production reached a seven-year high in 2007 and petrol sales topped more than 19 billion litres, despite high prices at the pumps.A key report - issued by energy economics group, EnergyQuest - revealed that Australian petroleum production for 2007 was 467 million barrels of oil equivalent (MMBOE), a 4.6% jump on the previous year and just short of the all-time record of 474 MMBOE in 2000. …”
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