Facts About Oil & Natural Gas
There are some misconceptions about energy production, availablity and utility. Here are some facts that help put our use of oil and natural gas in perspective: |
|
|---|---|
97 |
Percent of U.S. transportation that is oil-based, including cars as well as the trucks, trains, planes and ships that haul passengers and supplies. |
80 |
Percent of the world's oil and natural gas reserves exclusively controlled by foreign governments |
1.6 |
Percent of the world's oil and natural gas reserves controlled by U.S. energy companies (the total amount of reserves managed by all investor-owned companies is just six percent). |
88 million |
Barrels of oil a day that the world uses |
55 |
Percent increase in global energy demand between now and 2030, according to the International Energy Agency |
22 |
Percent increase in the amount of oil the U.S. will consume in 2030 compared to 2005, according to the U.S. Department of Energy |
12.3 |
Percent of gasoline used in the United States that would be saved if every acre of corn was used for ethanol |
1 trillion |
Barrels of oil that energy companies have produced in the history of the world to date |
6-7 trillion |
Barrels of conventional oil and non-conventional resources – like extra-heavy oil, oil sands, and oil shale – that are already known to be available worldwide |
60 million |
Cars can be powered along with 25 million homes can be heated with crude oil resources from the U.S. for 60 years |
50 |
Number of years those homes could be heated with those oil and natural gas resources |
$1.3 trillion |
Amount America's oil and natural gas companies invested in long-term energy initiatives between 1992 and 2006 |
$98 billion |
Amount America's oil and natural gas companies invested in energy technologies, including renewable and alternative forms of energy, over the past five years in North America |
61 |
Percent of oil the U.S. will have to import by 2030, according to the U.S. Department of Energy, up from 60 percent in 2006 and 36 percent in 1980 |
6 |
Percent of energy use currently supplied by renewable sources, according to the U.S. Energy Information Administration, which expects the figure to increase by two percent by 2030 |