Consider that today the world uses the energy equivalent of 2, 500 barrels of oil every second.
The world was burning through twenty-three thousand gallons of oil every second.
China is now the second-largest oil consumer in the world, second only to the United States.
Whether that reduction continues depends first on oil prices and second on the pattern of global demand.
Iraq's oil reserves are second in size only to those of Saudi Arabia.
Russia is the world's biggest oil producer and second-biggest exporter, after Saudi Arabia.
Increasingly, experts see natural gas as the only economically feasible way to build a new, less-polluting, hydrogen-based economy--a vast market allowing the oil industry a second act at the center of a transportation revolution.
In 1972, when Texaco completed construction of a pipeline to funnel oil to the Pacific coast, Ecuador instantly became the second-largest oil exporter in Latin America, after Venezuela.
Troubled oil giant BP announced second-quarter earnings and at first glance, the numbers were not pretty.
The fund would receive a slice of the revenues from the oil exported through the second pipeline.
Private firms have agreed to build a second big oil pipeline.
Venezuela has slipped from being the top supplier of crude to the United States, its natural market, to the fourth-biggest (or second when oil products are added).
North Dakota, which last year became the second largest oil producing state (after Texas), could easily afford to abolish its income tax, much like Alaska did in 1980.
If these seem like momentous days, consider the year 1979: the second great oil shock, the ascension of Margaret Thatcher, the appointment of Paul Volcker to head the U.S. Federal Reserve, the Soviet invasion of Afghanistan.
China has won negotiating rights to exploit two of the largest oilfields in the Caspian Basin, a region some analysts believe conceals as many as 178 billion barrels of oil, making it second only to the Gulf.
Among those sending oil out through those Straits is Iraq, which is on track to become the second biggest exporter of oil by 2035, after Russia.
But with Iran in collapse his country has become, after Saudi Arabia, OPEC's second-largest oil producer.
In recent months, China has elbowed Japan aside to become the world's second-largest oil importer.
The agency expects Iraq eventually to overtake Russia as the world's second-largest oil exporter.
In fact, China has just passed Japan to become the world's second-largest oil consumer.
North Dakota is expected to pass California and Alaska to become the second-highest oil-producing state, behind Texas.
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Gibbs sold off his second-rate oil and gas fields and renamed the company.
The second largest integrated oil and gas company, behind Exxon Mobil ( XOM), has a current dividend yield of 5%.
But many cities are still without running water, and the country with the second-largest oil reserves in the world is importing gasoline.
Second, higher oil prices lead to a shift in the terms of trade that transfers income from oil consumers to oil producers.
With over 1m barrels extracted every day, it has become the second-largest oil producer in sub-Saharan Africa, and volumes are expected to double by 2008.
Nexen is the second-largest oil producer in the U.K. North Sea.
President George Bush had pressed for an even bigger write-off but France had argued that such generosity was unjustified, given that Iraq has the world's second-largest oil reserves.
Since 2008 North Dakota has surpassed Oklahoma, California and Alaska to become the second-biggest oil-producing state in the nation (after Texas), with production upwards of 700, 000 barrels per day.
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