Originally posted by JulieMills
reply to post by Kaytagg
did you miss this part:
roughly as much as the nation imported from Saudi Arabia over the past 20 years
We only get 16% of our oil from the entire Middle east. That's why it took Saudi Arabia 20 years to sell us just 17 months (at today's consumption)
worth of oil.
The majority of our oil comes from Canada and Central&South America, both of which export more oil to us individually than the entire middle east
combined. We get about as much oil from the middle east as we do from West Africa.
We consume 24% of the worlds oil. (just an interesting fact you should know)
Let's see.. what other myths and misinformation can I clear up for you:
Oh yea, we don't need more refineries.
Guess that'll do it for me. You have a good one.
Edit to add:
BP's Statistical Review 2009
Took me a while to find online. I was using a June 2008 copy I had on my desk -- so the numbers have changed ever so slightly because of the world
economic crash and all.
I think it's interesting to note that North American refinery output has been under 90% capacity for at least the last 10 years (probably longer).
Also, existing refineries are upgraded to handle more capacity, so there's (apparently) really no need to build more of them. Nor do they contribute
to gas prices being high.
[edit on 2-7-2009 by Kaytagg]