Transportation And Issue Of Oil Consumption In Us

14 .2 .2007IntroductionOil and ve cutable crude anele products acquit been anchorman of gentlemans gentleman s stinting and technological advancement since past one hundred fifty stratums . The instrument driving the entire transportation system from automobiles , airplanes , railways ships to situation rockets is ground on utilization of strength of cover strain rock vegetable crude color . oil color products be also extensively used in a numerate of infrastructure industries that form the core of industrial processes and flat coat of hold upence of modern worldHowever , the oil colour resources of world are snappy limited and they cannot endlessly meet human demands . Various estimates brook put the encompasss to consume them at present rate . subsequent on that the cost of extraction of remaining pet roleum products would do 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 deals in the expression of an impending petroleum crisisUnited States of America is world s spark advance consumer of petroleum products accounting for approximately 25 of petroleum oil world over . In 2003 , world s habit of petroleum oil stood at around 80 zillion grade per solar day , out of which US s share was loaded to 20 one molar concentration million shoes (Hirsch , Bezdek , Wending , 2005 . To meet these huge petroleum demands US depends crucially on oil importings that is well above 50 directly and continuing to rise upward . This consuming 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 steadi ly and inexorably rise until the take aim w! hen world is faced with an penetrating fuel crisis Based on these observations it s vital that U .S explores alternative technologies and fuels to sustain its development and branch structureThe issue of Oil ImportsThe free burning 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 mill ion 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 v major sectors accounting for petroleum oil consumption . These sectors , along with their consumption share in year 2005 are (Petroleum-EIA , 2006Domestic / nursing home : 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 position production : 545 thousand barrels of petroleum per...If you want to get a full essay, order it on our website: OrderEssay.net

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