Congressman Bartlett on Peak Oil
This is a presentation entitled "Peak Oil: Implications for U.S. Economic and National Security" given by Congressman Roscoe Bartlett during an MIT Alumni Luncheon on Sept 10, 2009.
In 2007, renewable sources of energy accounted for about 7% of total U.S. energy consumption and 9.4% of electricity generation. (Source: EIA)
The United States makes up 5% of the world's population and accounts for 25% of total energy use.
In 2007, about 58% of the petroleum consumed in the U.S. was imported from foreign countries--primarily Canada, Saudia Arabia, Venezuela, Mexico and Nigeria. (Source: EIA)
Today’s challenges of reducing greenhouse gas emissions while meeting the country’s steadily rising demand for electricity make it essential for legislatures and public utility commissions to shift their focus toward mechanisms that make demand reduction as profitable for utilities as increasing supply. (Source: Institute for 21st Century Energy)
Crude oil, taxes, refining, distribution and marking are the four main components that make up the retail price of a gallon of gasoline. (Source: EIA)
55 of the world's 65 largest oil producing countries are past their production peaks and in decline.
Fossil fuels provide more than 85% of all the energy consumed in the US, nearly two-thirds of our electricity, and virtually all of our transportation fuels. (Source: DOE)
Electricity generation accounts for about 40% of total U.S. energy consumption. (Source: Institute for 21st Century Energy)
Estimated energy demand is charted to grow by almost 50% in the next 20 years.
Public policies such as appliance and vehicle efficiency standards and building codes are responsible for at least 20% of the improvement in the US's energy intensity--energy use per unit of GDP. (Source: Institute for 21st Century Energy)
