In 2007, on a net basis, the United States imported 58 percent of the oil it consumed. This monograph critically evaluates commonly suggested links between these oil imports and U.S. national security. The major risks to the United States posed by its reliance on foreign oil are the economic costs of a major disruption in global oil supplies. On the other hand, the study found no evidence that oil exporters ...
The United States consumes 25 percent of all the oil produced in the world, yet the United States accounts for only 10 percent of world oil production. In 2007, on a net basis, the United States imported 58 percent of what it consumes. This monograph critically evaluates commonly suggested links between these imports of oil and U.S. national security and assesses the costs and benefits of potential policies to alleviate ...
Both high import payments for petroleum motor fuels and concerns regarding emissions of carbon dioxide CO2 are motivating interest in possible fuel substitutes. Petroleum products derived from conventional crude oil constitute more than 50 percent of end-use energy deliveries in the United States and more than 95 percent of all energy used in the U.S. transportation sector. Almost 60 percent of liquid fuels are imported. Emissions from the consumption of ...
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