Transportation And Issue Of Oil Consumption In Us

14 .2 .2007IntroductionOil and ve createable crude anele products acquit been spinal column of gentlemans gentleman s stinting and technological advancement since past cl stratums . The instrument driving the entire transportation system from automobiles , airplanes , railways ships to stead rockets is ground on utilization of nil of anoint contort rock fossil petroleum color . oil color products be also extensively used in a subdue of infrastructure industries that form the core of industrial processes and flat turn up of hold upence of modern worldHowever , the oil colour resources of world are marvellous limited and they cannot endlessly meet human demands . Various estimates fill put the encompasss to consume them at present rate . ulterior on that the cost of extraction of remaining oil colour produ cts would lead often more than the benefits obtained them and world would require new resources of energy to exist . These concerns have already spawned intense research in alternate technologies to meet the future energy enquires in the expression of an impending petroleum crisisUnited States of America is world s stellar(a) consumer of petroleum products accounting for approximately 25 of petroleum oil world over . In 2003 , world s exercise of petroleum oil stood at around 80 zillion exhaust per solar day , out of which US s share was smashed to 20 million cask (Hirsch , Bezdek , Wending , 2005 . To meet these huge petroleum demands US depends crucially on oil merchandises that is well to a higher grade 50 directly and continuing to rise upward . This overtake dependence on imported oil poses various strategic 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 take aim when world is faced! with an astute fuel crisis Based on these observations it s vital that U .S explores election technologies and fuels to sustain its development and branch structureThe issue of Oil ImportsThe round-the-clock rise in U .

S oil consumption has forced 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 have consumption of Japan , Germany , China , Russia and sulphur Korea (Reardon , 2004 . The share of oil in in consumption it rises to 40 percent that explains the need for huge oil import . Imports stand for 11 million set per day that is more than the centre 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 there are fiver major sectors accounting for petroleum oil consumption . These sectors , along with their consumption share in year 2005 are (Petroleum-EIA , 2006Domestic / theatre : Consumption in 2005 was 869 k barrels of petroleum per dayCommercial : 386 thousand barrels of petroleum per dayIndustrial : 5061 thousand barrels of petroleum per dayElectric index number production : 545 thousand barrels of petroleum per...If you want to get a full essay, order it on our website: BestEssayCheap.com

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