energy - The Article for Energy CQ Researcher Oil Jitters:...

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The Article for Energy CQ Researcher Oil Jitters: Are the days of Cheap oil gone forever? 1-4-08 Vol 18 No 1 Pages 1-24 A new Energy?
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Energy History of US Image Courtesy of US Dept Energy Information Adm .
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Energy and the United States Sources of Energy Petroleum 40% Natural Gas 23% Coal 22% Nuclear 8% U.S. uses 20 million Barrels per day Increase of Foreign Use of Oil The links above give a brief history of each resource .
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What do we use Energy for? Image Courtesy of US Dept Energy Information Adm . 2007 link
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The U.S. has its own problems No new refineries since 1976 Suppliers of Natural Gas need more infrastructure Natural Disasters-Gustav- Katrina-Ike Local Opposition- NIMB Environmental Regulations
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Does Reliance on Imported Oil threaten the US? RM Nixon- Project Independence Countries that supply foreign oil unstable The Hot Spots for Oil Potential Problems- We are vulnerable US is a mercy of international oil markets
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Where does our Oil come from? Canada (18.2%) Mexico (11.4%) Majority of the their oil fields are declining. Economist 10-3-09 Page 43 Projected to be a net importer of oil by 2017 . Saudi Arabia (11.0%) Venezuela (10.1%) Nigeria (8.4% Energy Information Agency Some FAQ webpage . Please follow the link.
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US and Energy During WWII- The US had gas rationing to help out the war effort. Americans were given a certain amount of gas they could use each month. Could you live with only 10 gallons a week?
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US and Energy 50’s and 60’s oil was cheap and plentiful 1973 Arab Oil Embargo WHAT?????
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The Start of Trouble in Energy Six Day War of 1967- Fearing an attack by Arab nations, ISR attacks EGYPT and SYRIA. ISR seizes Sinai Peninsula, West Bank, Gaza Strip and Golan Heights.
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1973 Yom Kippur War EGY and Syria attack ISR. US and Allies provide aid to ISR. Arab oil producing countries cut off oil imports to US. Loss of about 35% of nation’s oil.
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US RESPONSES TO ARAB OIL EMBARGO Speed Limit lowered to 55 on all highways Decrease thermostats is Gov offices Lessen EPA Coal regulations Increase development in nuclear power
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During the embargo price jumped from 30 cents a gallon to 90 cents a gallon April 74 Embargo ended but price stayed the same. How might this price increase effect areas
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This note was uploaded on 11/08/2011 for the course PSC 103 taught by Professor Dedriclee during the Spring '11 term at Jefferson College.

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energy - The Article for Energy CQ Researcher Oil Jitters:...

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