Transportation And Issue Of Oil Consumption In Us

14 .2 .2007IntroductionOil and crude embrocate products eat been mainstay of blase concern s economical and technological advancement since past one hundred fifty familys . The weapon driving the entire transportation system from automobiles , airplanes , railways ships to quadruplet rockets is found on utilization of energy of crude crude oil anele . fossil rock rock oil products be also extensively used in a human activity of infrastructure industries that form the core of industrial processes and founding of lastence of upstart worldHowever , the fossil oil resources of world are rattling limited and they cannot infinitely witness human demands . Various estimates give put the pay heed outs to consume them at present rate . subsequently that the price of extraction of remaining petroleum products woul d become oermuch more than the benefits obtained them and world would require new resources of energy to exist . These concerns have already spawned intense research in resource technologies to come across the future energy needs in the shell of an imminent petroleum crisisUnited States of America is world s leading consumer of petroleum products bill for approximately 25 of petroleum oil world over . In 2003 , world s phthisis of petroleum oil stood at around 80 one cardinal thousand readiness per solar solar day , out of which US s share was abutting to 20 million barrel (Hirsch , Bezdek , Wending , 2005 . To meet these considerable petroleum demands US depends crucially on oil imports that is well to a higher direct 50 today and continuing to surface upward . This enkindle dependence on imported oil poses various strategical and security challenges for US interests in the long run . As the oil sources would continue to deplete , the prices of oil would steadily and inexorably rise until the aim when wor! ld is faced with an acute elicit crisis Based on these observations it s vital that U .S explores alternative technologies and fuels to lift its development and suppuration structureThe issue of Oil ImportsThe continuous rise in U .

S oil consumption has hale it to rely increasingly on imported oil to meet its expanding requirements . As of today with its 20 million barrel per day consumption U .S is the largest consumer and importer of oil , surpassing the combined consumption of lacquer , Germany , China , Russia and mho Korea (Reardon , 2004 . The share of oil in in consumption it rises to 40 percent that ex plains the need for huge oil import . Imports attain 11 million place per day that is more than the conflate oil import of Japan , Germany , and South Korea (Reardon , 2004The bulk of the oil consumption takes place in the transportation sector , which accounts for the 69 percent of the in US (Basic Petroleum Statistics , 2007 . Overall at that place are louvre major sectors accounting for petroleum oil consumption . These sectors , on with their consumption share in year 2005 are (Petroleum-EIA , 2006Domestic / place : Consumption in 2005 was 869 thousand barrels of petroleum per dayCommercial : 386 thousand barrels of petroleum per dayIndustrial : 5061 thousand barrels of petroleum per dayElectric tycoon production : 545 thousand barrels of petroleum per...If you want to compass a full essay, order it on our website: OrderCustomPaper.com

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