U.S. Oil Consumption
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. The rate of consumption for oil is increasing at a rate of about 2% yearly.
According to the EIA, the United States has 21 billion barrels of proved oil reserves as of January 1, 2000. The U.S. uses about 6.6 billion barrels per year. That is only enough oil to last the U.S. about three and a half years without importing oil from other countries.
Of the 20million barrels of oil consumed each day, 40 percent is used by passenger vehicles, 24 percent by industry, 12 percent by commercial and freight trucks, 7 percent by aircraft, and 6 percent in residential and commercial buildings. The U.S. passenger vehicle fleet alone accounts for one-tenth of world petroleum consumption.
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