Posted on 06/02/2014 8:24:00 AM PDT by thackney
Total U.S. energy production reached 81.7 quadrillion British thermal units (quads) in 2013, enough to satisfy 84% of total U.S. energy demand, which totaled 97.5 quads. Natural gas was the largest domestically produced energy resource for the third year in a row and, together with the other fossil fuels (coal, crude oil, and hydrocarbon gas liquids), accounted for more than three quarters of U.S. energy production. In total, the United States consumed 97.5 quads of energy, 82% of which was fossil fuels. Renewable and nuclear energy made up 10% and 8%, respectively, of U.S. energy consumption.
The portion of U.S. energy consumption supplied by domestic production has been increasing since 2005, when it was at its historical low point (69%). Since 2005, production of domestic resources, particularly natural gas and crude oil, has been increasing as a result of the application of technologies that can develop harder-to-produce resources. At the same time, reduced road travel, improved vehicle efficiency, and competition among fuels for electric power generation have limited consumption of petroleum and coal.
This is just fantastic... If Ø can shrink the economy just another 16%, then 100% of our energy demands can be covered domestically!!
Fine, but we’re all paying four bucks a gallon for gas because it’s a world market anyway.
Not all of us live in places that have those oppressive taxes and regulations.
Interesting how fly over country has the lowest gas prices. The left coast the highest.
In general, I believe that follows the added taxes. California does add significantly with additional regulations as well.
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