PNNL Study: Algae Could Replace 17% of U.S. Oil Imports
DOE's Pacific Northwest National Laboratory (PNNL) has
released a new study that biofuels from U.S.-grown algae
could replace 17% of the United States’ imported oil for
transportation.
Estimated energy demand is charted to grow by almost 50% in the next 20 years.
Appliances account for roughly 65% of electricity consumption in the average American household (2001), with refrigerators and lighting making up the largest categories. (Source: EIA)
55 of the world's 65 largest oil producing countries are past their production peaks and in decline.
In 2007, the average monthly residential electricity consumption was 936 kWh. (Source: EIA)
The United States makes up 5% of the world's population and accounts for 25% of total energy use.
