Commentsview comments in forum Page 1 2 You need to be a member of CKA and be logged into the site, to comment on news. |
Share
|
Mobile
All logos and trademarks in this site are property of their respective owner.
The comments are property of their posters, all the rest © 2026 by Canadaka.net
The comments are property of their posters, all the rest © 2026 by Canadaka.net
He is right if we culd ever ween ourselves off of imported oil we would be a lot less vunerable to the changing fortunes in the ME.
I did see an article that U.S. oil imports dipped below %50 of consumption. I can only imagine that trend will continue.
I did see an article that U.S. oil imports dipped below %50 of consumption. I can only imagine that trend will continue.
I'd love to see that article. Seems impossible when the USA reached peak oil nearly 40 years ago. In 2009, the US was importing 64% of its oil. There's no way that number is anything but higher today. What trend is it you're imagining will continue?
(Just realized I had written it as %50 in earlier posts
http://www.reuters.com/article/2011/05/ ... mesticNews
Cars, which consume quite a large share of oil products, are more efficient than ever, and as the era of cheap oil ends, increasing energy efficiency is becoming much more economically viable. Furthermore, U.S. oil production is increasing in the short-term.
Here is the article concerning U.S. oil imports dipping below 50% of consumption.
(Just realized I had written it as %50 in earlier posts
http://www.reuters.com/article/2011/05/ ... mesticNews
Cars, which consume quite a large share of oil products, are more efficient than ever, and as the era of cheap oil ends, increasing energy efficiency is becoming much more economically viable. Furthermore, U.S. oil production is increasing in the short-term.
I know this isn't realistic, but wouldn't it be nice to produce all of ur own energy so we can tell the Kaddafies, Iranians, Nigerians and the rest of those "nations" to F off.
Here is the article concerning U.S. oil imports dipping below 50% of consumption.
(Just realized I had written it as %50 in earlier posts
http://www.reuters.com/article/2011/05/ ... mesticNews
Cars, which consume quite a large share of oil products, are more efficient than ever, and as the era of cheap oil ends, increasing energy efficiency is becoming much more economically viable. Furthermore, U.S. oil production is increasing in the short-term.
Frankly I don't believe it. Nonetheless, the March US trade deficit widened to $47B, up 2.6% (the largest increase in 9 months) largely on the heels of higher oil prices. The US dollar has fallen 9.4% over that period. So, even if the US is amping up production and using more efficient cars, the real cost of imported oil is still an increasing problem.
Frankly I don't believe it.
I know right? Those guys at Reuters have always been hacks
I know right? Those guys at Reuters have always been hacks
No, it's just a common-sense thing. You don't go from importing 64% to under 50% in 2 years, especially given increasing demand yearly. It sounds like bullshit to me.
No, it's just a common-sense thing. You don't go from importing 64% to under 50% in 2 years, especially given increasing demand yearly. It sounds like bullshit to me.
You'll have to take that up with the U.S. Energy Information Administration.