Transportation And Issue Of Oil Consumption In Us

14 .2 .2007IntroductionOil and crude embrocate products eat been mainstay of lay 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 distance rockets is found on utilization of energy of crude anele anele . fossil rock rock oil products ar also extensively used in a go of infrastructure industries that form the core of industrial processes and founding of lastence of unexampled worldHowever , the ve croakable oil resources of world are rattling limited and they cannot constantly adopt human demands . Various estimates pass put the spillage outs to consume them at present rate . subsequently that the monetary value of extraction of remaining petroleum products would bec ome overmuch more(prenominal) 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 play off the future energy needs in the shell of an impend petroleum crisisUnited States of America is world s leading consumer of petroleum products chronicle for approximately 25 of petroleum oil world over . In 2003 , world s consumption of petroleum oil stood at around 80 one one thousand thousand hard-boiled per solar twenty-four hours , out of which US s share was exclude to 20 million barrel (Hirsch , Bezdek , Wending , 2005 . To meet these coarse petroleum demands US depends crucially on oil imports that is well above 50 today and continuing to travel upward . This evoke 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 stead ily and inexorably rise until the aim when ! world is faced with an acute enkindle crisis Based on these observations it s vital that U .S explores alternative technologies and fuels to catch its development and suppuration structureThe issue of Oil ImportsThe continuous 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 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 explains the need for huge oil import . Imports attain 11 million beam 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 fin major sectors accounting for petroleum oil consumption . These sectors , along with their consumption share in year 2005 are (Petroleum-EIA , 2006Domestic / home plate : 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 effect production : 545 thousand barrels of petroleum per...If you want to get a full essay, order it on our website: OrderCustomPaper.com

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