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Global (per second)
Global (per day)
US Consumption/day
US Production/day
US Oil Production: 1973
Global (this year)
US Imports (this year)
OPEC Exports (this year)
(*source data)
 
 

[ Featured Reports on Our Oil Dependency]

The Hirsh Report

The peaking of world oil production presents the U.S. and the world with an unprecedented risk management problem. As peaking is approached, liquid fuel prices and price volatility will increase dramatically, and, without timely mitigation, the economic, social, and political costs will be unprecedented. Viable mitigation.(read more)

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The GAO Report

Most studies estimate that oil production will peak sometime between now and 2040. This range of estimates is wide because the timing of the peak depends on multiple, uncertain factors that will help determine how quickly the oil remaining in the ground is used, including the amount of oil still in the ground; how much of that oil can ultimately be produced (read more).

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Oil Depeletion Protocol: A Plan for a Sensible Energy Future

As we move into an era of oil depletion and energy constraint, everything from transportation to medicine to food to climate change response strategies will be affected. Almost everything we do is dependent on oil. The transition to a future of reduced oil supply will require the development of clean, reliable, and renewable energy sources and reduced oil production and consumption. The Oil Depletion Protocol will allow us to accomplish both - simply, conservatively, and cooperatively. It is a plan for a sensible energy future. (read more)

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Google: Powering a Clean Energy Revolution

Business as usual will not deliver low-cost, clean, renewable energy soon enough to avoid devastating climate change. In fact, even producing large amounts of electricity from renewable sources won't make a difference unless we can find a way to make it cheaper than electricity from coal. That's why in 2007 Google.org launched RE<C, an initiative aimed at creating utility-scale renewable electricity that is cheaper than coal.(read more)


 
 
Post Carbon Cities Guide: Planning for Energy & Climate Uncertaintity

Post Carbon Cities fills an important gap in the resources currently available to local government decision-makers on planning for the changing global energy and climate context of the 21st century. It is a guidebook on peak oil and global warming for people who work with and for local governments in the United States and Canada. Post Carbon Cities provides a sober look at how these phenomena are quickly creating new uncertainties and vulnerabilities for cities of all sizes, and explains what local decision-makers can do to address these challenges. (read more)

 

 
National Security Consequences of US Oil Dependency

The lack of sustained attention to energy issues is undercutting U.S.
foreign policy and U.S. national security. Major energy suppliers—
from Russia to Iran to Venezuela—have been increasingly able and
willing to use their energy resources to pursue their strategic and political
objectives. Major energy consumers—notably the United States, but
other countries as well—are finding that their growing dependence
on imported energy increases their strategic vulnerability and constrains
their ability to pursue a broad range of foreign policy and national
security objectives. Dependence also puts the United States into increasing
competition with other importing countries, notably with today’s
rapidly growing emerging economies of China and India. At best, these
trends will challenge U.S. foreign policy; at worst, they will seriously
strain relations between the United States and these countries. (read more)

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World Wildlife Federation: 100% Renewables by 2050

WWF has a vision of a world that ispowered by 100 per cent renewable energy sources by the middle of this century. Unless we make this transition, the world is most unlikely to avoid predicted escalating impacts of climate change. But is it possible to achieve 100 per cent renewable energy supplies for everyone on the planet by 2050? WWF called upon the expertise of respected energy consultancy Ecofys to provide an answer to this question. In response, Ecofys has produced a bold and ambitious scenario – which demonstrates that it is technically possible to achieve almost 100 per cent renewable energy sources within the next four decades. The ambitious outcomes of this scenario, along with all of the assumptions, opportunities, detailed data and sources, are presented as Part 2 of this report.

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2011 Brief: U.S. average gasoline and diesel prices over $3 per gallon throughout 2011
Januar 13, 2011 EIA
.

 

 

 
The average price U.S. drivers paid for gasoline and diesel during 2011 never fell below $3 per gallon, marking the first time the national pump price for both transportation fuels topped $3 per gallon throughout a calendar year. Crude oil, which accounted for more than 60% of the cost of making the fuels, was the main reason drivers had to pay more to fill up at the pump. At the same time, the difference between the prices of gasoline and diesel reached its widest level on record due mostly to stronger diesel demand. (read more)
The Peak Oil Crisis: Gasoline in 2012
Januar 10, 2011 FallChurchNews
.

In recent days there has been much discussion in the press about what might happen to gasoline prices in the coming year.

Cognizant of the fact that retail gasoline is currently running nearly 30 cents per gallon higher than it was in January 2008 the year when prices topped out at a national average of $4.11 and that gasoline futures have risen by 30 cents a gallon in the last few weeks, there is reason for concern. Typical of the stories is one from the Los Angeles Times that quotes Tom Kloza, long-time chief analyst for the Oil Price Information Service and the go-to guy when one needs numbers and forecasts on gasoline prices.

(read more)

 
Is A $24,000 Price Needed For Electric Car Sales To Soar?
December 19 , 2011 GreenCarReports
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This past January, many commentators hailed 2011 as the year of the electric car.

But as we approach the end of the year, neither Chevrolet nor Nissan has sold as many plug-in cars as it had predicted a year ago it would--due to everything from the Japanese earthquake and tsunami (Nissan) to overly optimistic rollout projections (Chevy).

(read more)

 
Peak Oil? Not According to This Chart
December 16 , 2011 WallStreetDaily
.

It’s Friday in the Wall Street Daily Nation. And that means we’re ditching our regular routine of commentary-based articles and instead using charts to present some important investment and economic insights.

This week we’re tackling the pesky little debate about Peak Oil and America’s overreliance on oil imports.

(read more)

 
 
 
 
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