The following statement copied from July 8, 2013 Huffington Post appeared word for word in numerous other Online articles about Egypt’s oil production (as world oil prices rose above $95 a barrel) less than a week after Egypt’s army removed that country’s elected president.
“Egypt is not an oil producer, but its control of the Suez Canal, one of the world’s busiest shipping lanes, gives it a crucial role in maintaining global energy supplies.”
On July 31, 2013 ,however, I received the following information from the
United States Energy Information Administration ( U.S. EIA ):
“While serving as a major transit point for oil and LNG from the Persian Gulf to Europe, Egypt is the largest non-OPEC oil producer in Africa and the second largest dry natural gas producer on the continent.”