Oil Production

• This interactive line chart, map, and table provide students the opportunity to analyze oil production in Terawatt-hours (TWh) for various countries between. Students can:

• Hover over the line chart of data to get more detailed information.
• Select the countries to include in the chart from a provided list.
• Download the data as a CSV file to do further calculations.
• Download the graph as an image file (PNG) or vector file (SVG).

Positives

• For economics, this is a powerful tool to provide real-life data on how oil production and the supply of oil has changed in different countries. Students can explore determinants of supply by considering how the increase in the supply of oil production (all else equal) could decrease the price of oil, which is a resource for many goods. This can allow students to explore determinants of supply and demand.

Additional Prerequisites

• Students should know how to read a line graph.
• If the teacher utilizes the exported data, students and teachers should know how to use Microsoft Excel.
  

Differentiation

• Students would probably be motivated to explore countries they are associated with.
• Consider narrowing down the amount of data shown on the screen so students will not be overwhelmed. There is an option to add and remove countries, for example.
  

Oil production for energy is a major activity in the USA. Thus, in the chart, USA data showed a peak in 1965 and also a steady rise from 2010-2015, up until 2019. Students can visualize this to get knowledge on the rate of oil production for energy in different countries applicable to this resource.

This resource addresses the listed standards. To fully meet standards, search for more related resources.