United States oil consumption continues to rise. The U.S. uses approximately 20 million barrels of oil a day (or 840,000,000 gallons), more than half of which is imported.
Twenty million barrels is enough oil to fill 1,272 Olympic-size swimming pools each day. By 2025, demand is expected to rise to 26 million barrels a day—about 60 percent of which
will be imported. According to the U.S. Department of Energy, U.S. oil imports have increased by 1100 percent since 1960 while America’s own oil production has declined. America
spends $232 billion each year—nearly $450,000 every minute—on oil from foreign governments.
| Date Of Record Release | 2008-08-15 16:54:31 |
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| Description | United States oil consumption continues to rise. The U.S. uses approximately 20 million barrels of oil a day (or 840,000,000 gallons), more than half of which is imported. Twenty million barrels is enough oil to fill 1,272 Olympic-size swimming pools each day. By 2025, demand is expected to rise to 26 million barrels a day—about 60 percent of which will be imported. According to the U.S. Department of Energy, U.S. oil imports have increased by 1100 percent since 1960 while America’s own oil production has declined. America spends $232 billion each year—nearly $450,000 every minute—on oil from foreign governments. |
| Classification | |
| Resource Type | |
| Format | |
| Subject | |
| Source | National Biodiesel Board |
| Keyword | Biodiesel |
| Selector | Offley |
| Date Of Record Creation | 2008-08-15 16:51:37 |
| Education Level | |
| Date Last Modified | 2010-06-19 17:07:45 |
| Language | English |
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