Which year is associated with the figure of 42 million barrels produced worldwide?

Which year is associated with the figure of 42 million barrels produced worldwide?

• A. 1960
• B. 1980
• C. 1955
• D. 1972

Answer: (D)

Understanding this statistic means tying a production figure to the time period when global oil output reached that level. World crude oil production grew through the 1960s and into the early 1970s, as more fields came online and production expanded. The figure of about 42 million barrels per day is typically associated with the early 1970s, with 1972 commonly cited as the year that roughly reached that mark. So this is the year that best matches the statistic. Earlier years were lower, and later years generally show production above this level.

Understanding this statistic means tying a production figure to the time period when global oil output reached that level. World crude oil production grew through the 1960s and into the early 1970s, as more fields came online and production expanded. The figure of about 42 million barrels per day is typically associated with the early 1970s, with 1972 commonly cited as the year that roughly reached that mark. So this is the year that best matches the statistic. Earlier years were lower, and later years generally show production above this level.