Historical production of crude oil, worldwide 1880-2014

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Description

Annual production of crude oil, in millions of barrels (mbbl).

Usage

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data(Oil_history)

Format

A data frame with 47 cases, each of which is a US state, with observations on the following variables.

  • year the year for which production is reported

  • mbbl oil production in millions of barrels

Source

Assembled from older information from RH Romer (1976) "Energy: An Introduction to Physics" and more recent data from data.oecd.org.

Examples

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model <- lm(log(mbbl) ~ year, data = Oil_history)
fmodel(model)