In seven years Ecuador received $ 77,530 million from oil exports

Ecuador received $ 77,530 million from oil exports between 2007 and 2013, with an average oil price of $ 74.09, and with ranges that have reached maximum peaks of $ 117 and the lowest of $ 26.6 in March 2009. According to Jaime Carrera,Executive Secretary of the Fiscal Policy Observatory, it is three times more than what the country received in the previous seven years (totaling $ 26,652,000).

Making a calculation in current dollars about all the money Ecuador has received from oil exports since 1970, the total has been $ 136,967,000. In the current regime 56.6% has been received of the total, Carrera said.

In 2014 the Ecuadorian oil was traded at $ 50.4 (Crude East) and $ 45.4 (Napo Crude), according to the theoretical prices published on December 23 for EP Petroecuador.