Green Car Congress
JUNE 20, 2012
Considering that the United States produces over 8 million barrels of oil per day domestically and imports an additional 3 million bpd from secure supplies in Canada and Mexico, we can find no credible scenario in which the military would be unable to access the 340,000 bpd of fuel it needs to defend the nation.
Green Car Congress
SEPTEMBER 21, 2015
Vehicle, inland marine and general liability insurance are range-bound to up. That’s just the United States. And markets won’t wait to adjust pricing until we hit a balance. There will be some foreshadowing in oil prices here. Health insurance is going up. Taxes don't go away and then there's debt.
Green Car Congress
DECEMBER 16, 2013
Energy consumption by light-duty vehicles in the United States, AEO2013 and AEO2014, 1995-2040 (quadrillion Btu). Energy consumption by marine vessels increases from 0.9 T he Brent crude oil spot price declines from $112 per barrel (bbl) (in 2012 dollars) in 2012 to $92/bbl in 2017. quadrillion Btu in 2012 to 12.1
Green Car Congress
FEBRUARY 1, 2014
However, demand persists for imported heavy crude by US refineries that are optimized to process that kind of oil. Meanwhile, Canadian production of bitumen from the oil sands continues to grow, the vast majority of which is currently exported to the United States to be processed by US refineries that want heavy crude oil.
Green Car Congress
JANUARY 25, 2011
But whether this technology will reach its potential depends crucially on gaining early production experience—including production with carbon capture and sequestration—in the United States. Lower world oil prices would yield economic benefits to all fuel users—civilian and military alike.
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