- Thread starter
- #21
lol! I really need to spend more time w/ the cartoon channel over the holidays. This is what I was going at (from here).....you envision allot of Canadians in plaid flannel shirts carrying cans of gas across the border to fill up the pick ups in International Falls?
--and Canada's also America's biggest foreign electrical power source too.
Oil Consumption in North America
The total of these numbers is about 10,589,000 barrels per day. At $100/barrel, that's about 390 TRILLION dollars per year. (Numbers this big confuse me. The way i figure this is 10,589 x 1000 barrels per day x 365 days x $100 = $386,498,500,000.00. Is that about 390 Trillion?)
If that is the case, in order to replace this demand with American jobs, we would probably need to open the borders to ALL countries, not just mexico, and let as many people in as we could handle.
Oil Consumption in North America
Currently, the United States consumes 19.6 million barrels per day, of oil, which is more than 25% of the world's total.. As a result, the U.S produces one fourth of the world's carbon emissions. Despite predictions that the U.S. will exhaust it's supply of oil in as little as forty years, the demand is on the increase, and is predicted to continue increasing, because of the ever increasing population. Increase in resource consumption is caused by three factors: population growth, new uses found for a resource, and increase in demand for a resource to increase living standards. The rate of consumption for oil is increasing at a rate of about 2% yearly.
U.S. Oil Production
The United States produced enough oil to supply it's own demand until 1970, (Youngquist paragraph 6). In that year the U.S. had to start importing oil to meet the demand. The oil production for 2000 is expected to average 5.8 million barrels per day of crude oil. The production for 1999 was 5.9 million barrels per day. After the oil price collapse of 1985/1986, U.S. oil production declined dramatically. Oil production in 2000 is down by 24% from 1985. However, according to the Energy Information Administration (EIA), oil production is expected to increase by 70,000 barrels per day, or 1.1% in 2001. There is little to no chance of discovering any significant new onshore oil fields in the U.S. There is a good possibility of discovering major deposits of oil offshore, but offshore drilling has been banned in many areas. There are several good prospects far offshore that are open to exploration, but these are usually in very deep waters, and are extremely expensive to drill. The U.S. produces 12% of the world's oil, and and this production is concentrated onshore, and offshore along the Texas Louisiana Gulf Coast, extending inland through west Texas, Oklahoma, and eastern Kansas. There are also significant oil fields in Alaska along the central North Slope.