Robin van Spaandonk wrote:
Is the demand rising in the US?
Yes. In 1990 it was 17,753 thousand barrels per day, in May 2006 it
was 20,532, and now it is 20,747. See:
http://tonto.eia.doe.gov/dnav/pet/hist/wrpupus2w.htm
http://www.eia.doe.gov/oil_gas/petroleum/info_glance/petroleum.html
See also:
http://www.eia.doe.gov/emeu/aer/pdf/pages/sec5_5.pdf
As of 2005, U.S. domestic production fell from the peak of 10,581 to
6,830, and imports rose to 13,527 thousand barrels per day. That's
13,527,000 * $63 per day. That's $852 million per day sent to Russia,
Saudi Arabia, Iran and several other countries that -- to be blunt --
hate our guts and want to destroy us. Over the past 20 years the
federal government has not lifted a finger to reduce consumption. You
have to wonder what the national leaders are thinking.
- Jed