How much Oil do we import?

Hot Air ^ | 03-11-2011 | Jazz Shaw

[scooby321]

HomeVaultGreen RoomEd Morrissey Show Shocker: Domestic Oil Production Down, Foreign Imports Up Share posted at 10:12 am on March 11, 2011 by Jazz Shaw regular view Fortunately for all of us, the wise energy policies of the Obama administration have us well on the way to a sustainable, secure energy future for our nation. After all, who could argue with a policy where we seek to import less oil from abroad, stifle the domestic production of such resources and do nothing to replace the shortfall? With that in mind, surely nobody would expect a result like this.

The lack of effective leadership on this vital issue has drawn the ire of a group of conservative leaders who recently provided a summary of just what we can expect in the future if nothing happens. Brace yourselves, as I’m sure none of you could have called this one. Issue-in-Brief: Continued instability in the Middle East, combined with unprecedented foreign demand for oil and an uncertain economic recovery at home, has left the United States at the mercy of foreign dictators and markets – issues that would be alleviated if the Administration lifted its self-imposed energy freeze and let domestic producers get back to work, particularly in the Gulf. There is an obvious lack of leadership from the Obama Administration. Demand for Oil is Skyrocketing •Since President Obama assumed office gas prices have risen 87%! (From $1.83 to $3.43 and even higher in some states!)

[scooby321]

Sound Byte

[de.rm]

Exactly enough to keep weapon sales healthy.

[nascarnation]

We import about 1m bpd from Chavez.

He also produces gasoline components and furnishes them to Iran so Imawhackjob can keep his subjects on the road.

People rip me on FR for advocating electric commuter cars.

[CodeToad]

“People rip me on FR for advocating electric commuter cars.”

Because those cars are stupid. The answer isn’t electric cars, it is to drill right here and make use of our own natural resources.

[dennisw]

-—Half our trade deficit is from oil imports, about 250 billion per year
—What I commonly read is that under Jimmy Carter we imported 33% of our oil while today we import 66%

[mountainlion]

People rip me on FR for advocating electric commuter cars.

Electric cars have some drawbacks and are impractical here in the mountains. It sounds like an alternative although expensive for city people. I expect it is not worse than alcohol.

[nascarnation]

Obviously you are entitled to your opinion.
I prefer a full court press on energy.
Electric cars powered by domestic coal and nukes are a solid part of telling Chavez and the Muzzies to screw off.

[RC2]

Could we produce enough oil, with the wells we have today, to supply our country all the oil we need? If so, we need to start producing that amount now. If not, we need to drill more.

[CodeToad]

“Electric cars powered by domestic coal and nukes “

And built using more oil than they save. You seriously need to look at the big picture and not just one of the gas pump. Everyone knows from factual research that even the Prius even uses more energy and pollutes far more than a Hummer H2 over its lifetime.

[jonrick46]

"People rip me on FR for advocating electric commuter cars."

If you have lots of money to burn, buy your coal-fired battery car. Just remember, you could have bought lots of gasoline--or diesel--for the money you have blown. Also, your purchase has subsidized government money involved. Taxpayers are paying for your car.

As for me, why can't we buy this (below) nice 65 mpg Ford diesel?

Green Biz: "Ford's 2009 Fiesta ECOnetic goes on sale in November. But here's the catch: Despite the car's potential to transform Ford's image and help it compete with Toyota Motor (TM) and Honda Motor (HMC) in its home market, the company will sell the little fuel sipper only in Europe. "We know it's an awesome vehicle," says Ford America President Mark Fields. "But there are business reasons why we can't sell it in the U.S." The main one: The Fiesta ECOnetic runs on diesel."

[muleskinner]

Not oil, but we do have enough natural gas. We have a proven 100 year supply and estimated 300 year reserve.

Switch/convert or buy CNG cars and trucks, then tell Chavez and the Middle East to stuff it. That gives us plenty of time to develop Thorium nuclear reactors and/or Fusion reactors.

[RC2]

It’s my understanding that we have over 200 year supply of oil. It that’s true, we need to drill.

[muleskinner]

I love modern diesels! If I only used that Ford for communting, I’d only fill it 11 times/year.

[nascarnation]

Well if you look at the amount of claptrap on the 2010 truck diesels, you get the feeling that the USEPA is on a mission to make them untenable. And on the inside, the designers have had to dramatically lower the compression ratio, and add astounding amounts of exhaust gas recirc.

That’s another problem I’d fix if I was in charge.

[dennisw]

Could we produce enough oil, with the wells we have today, to supply our country all the oil we need? If so, we need to start producing that amount now. If not, we need to drill more.

IMO if we had ANWAR and unlimited offshore drilling we would still have to import oil. Say 30% of our oil needs. But we could use more natural gas and coal to cut that 30% to 10% or zero. We would have to find ways to use a lot more natural gas for transportation....not difficult. And would burn more coal to power electric vehicles somehow since electric vehicles are a flop right now

[jeffc]

—What I commonly read is that under Jimmy Carter we imported 33% of our oil while today we import 66%.

I caught a little of Zero on TV today. I thought I heard him say that we now import less than half the oil we use. I assume he's lying (because his mouth moved), but a lie so blatant is easily disproved, right? I know, the "media" won't tell us the truth, they don't think that is their job. But why would Zero say that, or did I just mis-"hear" him?

[ChiMark]

The biggest use of oil consumption is in farming, manufacturing, plastics, asphalt, jet fuel, fertilizers etc. The inflationary cost tranasfer of course
to the consumer.

It’s not just about cars which consume about 1/4 of our oil
resources.

[dennisw]

API: U.S. Crude Oil Imports Decreased by 9.2% in 2009

The American Petroleum Institute (API) announced in mid-January that the imports of crude oil and related products decreased by 9.2% in 2009, falling to an average of 11.7 million barrels per day. The oil industry group attributed the drop to decreased demand due to the economic recession. API measures petroleum demand in terms of the total petroleum deliveries in the United States, which averaged 18.7 million barrels per day in 2009, a 3.6% drop below 2008 levels, which in turn were 6% below 2007 levels. U.S. crude oil production was also up 7% over 2008 production levels, averaging 5.3 million barrels per day. All of which says that the country inched closer to energy independence in 2009. However, API saw a slight increase in petroleum demand in December 2009, suggesting that economic recovery could erode some of these gains. See the API press releases for 2009 oil demand and 2008 oil demand.

 

117 / 187 = 0.625668449 = 62.5%  (and I'll bet was more like 66% in 2007 before the recession)

[dennisw]

I caught a little of Zero on TV today. I thought I heard him say that we now import less than half the oil we use.>>>>>>>

No way is this true though with the recension we import less oil than in 2006-2007

[deport]

Here's a break out of what a normal barrel of crude will provide after refining.

Source: EIA