The American Petroleum Institute (API) has announced that
the imports of crude oil and related products dropped by
9.2% in 2009. With U.S. crude oil production up 7% over
2008 levels, the United States also moved slightly closer to
energy independence.
In 2007, renewable sources of energy accounted for about 7% of total U.S. energy consumption and 9.4% of electricity generation. (Source: EIA)
55 of the world's 65 largest oil producing countries are past their production peaks and in decline.
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)
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)
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)
