U.S. oil supply looks vulnerable 40 years after embargo [clothing]
The Department of Energy expects imports will continue to fall as U.S. oil production increases because of fracking. This controversial drilling process blasts huge quantities of water, mixed with sand and chemicals, underground to break apart shale formations Fashion Dresses and release oil as well as natural gas."We won't become energy independent, but we'll become less energy dependent," Yergin says.That's not enough to inoculate the U.S. from future oil shocks. "Despite the domestic oil boom, America's oil security is only middle-of-the-road," Robbie Diamond of Securing America's Future Energy (SAFE),Fashion Dresses a non-partisan group aimed at reducing U.S. dependency, said this month in releasing a ranking of 13 countries' oil security. The United States ranked fifth best, after Japan, United Kingdom, Canada and Germany.
The report says the U.S. is making strides, including Obama's plan to nearly double the fuel efficiency of new cars and light trucks — to 54 miles per gallon — by model year 2025. Still, regardless of efficiency gains, it says Americans use more oil than China, Japan and Russia combined, accounting for 20% of global consumption."Our nation's oil dependence leaves the economy dangerously exposed to high and volatile oil prices," says Diamond, the group's chief executive officer.While an oil shock may rock the economy and Fashion Dresses influence U.S foreign policy, a parallel threat to the environment has emerged since the 1973 embargo: climate change."That was not yet apparent," Kissinger said at the SAFE-organized conference, adding that even administration critics didn't voice concerns about oil use's environmental impacts in the 1970s.
In 1988, climate scientist James Hansen warned a Senate panel about the climate dangers posed by the heat-trapping greenhouse gas emissions from the burning of oil, gas and coal. Hundreds of peer-reviewed scientific studies have since shown that rising temperatures are increasing the risk and severity of heat waves, downpours, drought and wildfire.The United States can't go it alone any more on climate change than it can on the intertwined issue of oil. Case in point: Its carbon emissions are barely rising in recent years, but global emissions — largely because of China and India's use of oil and Fashion Dresses coal — are soaring.Panetta says climate change adds to the reasons why the United States should lead world efforts to reduce reliance on oil. He says such dependence can "influence" decisions such as whether to wage war in the Persian Gulf, adding the U.S. would probably have imposed sanctions on Iran earlier if it weren't concerned about the impact on oil supplies.
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The report says the U.S. is making strides, including Obama's plan to nearly double the fuel efficiency of new cars and light trucks — to 54 miles per gallon — by model year 2025. Still, regardless of efficiency gains, it says Americans use more oil than China, Japan and Russia combined, accounting for 20% of global consumption."Our nation's oil dependence leaves the economy dangerously exposed to high and volatile oil prices," says Diamond, the group's chief executive officer.While an oil shock may rock the economy and Fashion Dresses influence U.S foreign policy, a parallel threat to the environment has emerged since the 1973 embargo: climate change."That was not yet apparent," Kissinger said at the SAFE-organized conference, adding that even administration critics didn't voice concerns about oil use's environmental impacts in the 1970s.
In 1988, climate scientist James Hansen warned a Senate panel about the climate dangers posed by the heat-trapping greenhouse gas emissions from the burning of oil, gas and coal. Hundreds of peer-reviewed scientific studies have since shown that rising temperatures are increasing the risk and severity of heat waves, downpours, drought and wildfire.The United States can't go it alone any more on climate change than it can on the intertwined issue of oil. Case in point: Its carbon emissions are barely rising in recent years, but global emissions — largely because of China and India's use of oil and Fashion Dresses coal — are soaring.Panetta says climate change adds to the reasons why the United States should lead world efforts to reduce reliance on oil. He says such dependence can "influence" decisions such as whether to wage war in the Persian Gulf, adding the U.S. would probably have imposed sanctions on Iran earlier if it weren't concerned about the impact on oil supplies.
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2013-10-22 11:28
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