The Coming Petroleum Revenues Crisis in the MENA

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Cordesman: Coming Petroleum Revenues Crisis 3/11/16 4

Figure Two: An Early Estimate of the Crisis in Petroleum Revenues: The Warnings

as of March 2015

Source: EIA, OPEC (excluding Iran) net oil export revenues,

https://www.eia.gov/beta/international/regions-topics.cfm?RegionTopicID=OPEC, March 31, 2015; and

Oil and Gas Journal, http://www.ogj.com/articles/2015/04/eia-opec-s-net-oil-export-revenues-declined-11-

in-2014.html.