Triple E Agent Assignment:What trends do we see in US energy consumption?
Examine history of oil consumption, production, and imports to the US...
The Energy Independence and Security Act (EIS Act) was passed by Congress in 2007 and designed to:
- increase production of clean renewable fuels
- increase efficiency [of energy use] for/by products, buildings, and vehicles
- promote research for and deploy greenhouse gas capture and storage
- improve energy performance of the US government
A wide variety of energy sources are used in the US, but our reliance on foreign oil is at the crux of the energy independence dialogue. Examining US oil consumption, production and imports in Triple E's chart above (data from BP's Statistical Review of World Energy) shows that the US imported a minimum of 18.7% of oil consumed in 1967 and a maximum of 66.9% of oil consumed in 2006. Maybe the EIS Act has really had some impact? US oil consumption has decreased, domestic oil production has increased, and imports have fallen to 58.4% of oil consumed in 2011.
Triple E is impressed with our progress on the oil front, but this story is far from over. There are many other areas to investigate in the energy, environment, and economic landscape.