Full Title: Congestion in America A Growing Challenge to U.S. Energy Security
Author(s): Securing America's Future Energy
Publisher(s): Securing America's Future Energy
Publication Date: January 1, 2012
Full Text: Download Resource
Description (excerpt):
The United States accounts for more than one-fifth of the world’s daily oil consumption. This heavy depen- dence on a commodity whose price is both high and volatile imposes a tremendous burden on the U.S. economy. Excessive reliance on oil also constrains the totality of U.S. foreign policy, and encumbers the U.S. military, which stands constantly ready as the protector of vulnerable energy infrastructure and supply routes across the globe.
In 1970, approximately 50 percent of total U.S. oil consumption was attributable to the transportation sector. Then, the sector consumed 8 million barrels of oil per day. Today, the sector is responsible for 70 percent of total U.S. oil consumption—more than 13 million barrels of oil per day