August 2007

Misc

Viewpoint: Focusing on a 'secure' energy future

Since 1980, American importation of petroleum has ris..

Cavaney, R., American Petroleum Institute (API)

Since 1980, American importation of petroleum has risen from 36 to 60%. While some see this increase as startling—especially in the face of more abundant and fervent calls for American energy independence—our heightened energy consumption is indicative of enhanced standards of living among the American people and greater economic prosperity. Demand for energy will not wane. To the contrary, the Department of Energy has estimated that the United States will consume 40% more oil and 36% more natural gas in 2025 than consumed in 2004. F

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