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BY THE NUMBERS: AMERICA’S ENERGY SUPPLY AND DEMAND GAS PRICES $2.80 - Average retail price for regular gasoline, up 88 cents over the last year. [1] $2,873 - Amount average family of four will spend on gasoline this year [2] $64.67 - Price per barrel of crude oil on the New York Mercantile Exchange, up $15.81 from last year. [3]
OIL DEPENDENCE 58% - Total U.S. dependence on net imports of foreign oil in 2005, up from 44.5% in 1995. 25% - The percentage of world oil production consumed by the United States. 3% - Percentage of world’s oil reserves located in the United States.[4] 130,000 - Additional barrels of oil consumed per day by the United States as a result of the energy bill extending loopholes for the auto industry that weaken federal fuel economy standards. (Sec. 772)
RECORD PROFITS $25.3 billion - Exxon Mobil's record-setting profits last year. $3.4 billion - Fourth-quarter 2004 profit for Chevron-Texaco Corp, double the profit for the same quarter of the previous year. 218% - Exxon Mobil profit increase last year. 145% - ConocoPhillips profit increase last year. 51% - Shell profit increase last year. 39% - ChevronTexaco profit increase last year. 35% - BP profit increase last year. 22.8 cents - Amount of money U.S. oil refiners made in 1999 for every gallon of gasoline. 40.8 cents - Amount refiners made in 2004 – an 80 percent jump. [5] 99 cents - Amount refiners were making during September 2005 price spikes. [6] $228 billion - Combined profits for the five biggest refiners from 2001-2005.[7]
OIL SPILLS 8,000,000 - Gallons of oil spilled in southeast Louisiana during and after Hurricane Katrina.[8] 11,000,000 - Gallons of oil spilled from Exxon Valdez tanker off the coast of Alaska in 1989. 285,600 - Gallons of oil spilled from Trans-Alaska pipeline in 2001 when a hunter shot a bullet into it. 3,000,000 - Gallons of oil spilled from offshore oil and gas operations in 73 incidents between 1980 and 1999. [9]
ARCTIC REFUGE, PUBLIC LANDS AND COASTS 1 cent - Amount of savings for consumers at the pump if we drill for oil in the Arctic National Wildlife Refuge. 20 years - When consumers would see the penny savings.[10] 6,052 - Amount of drilling permits the BLM issued on federal lands in 2004 – a record number.[11] 2,702 - Number of new wells the oil and gas industries actually drilled.[12] 80 - Percentage of the nation’s undiscovered Outer Continental Shelf (OCS) gas that is located in areas already open to the oil and gas industry.[13]
REAL SOLUTIONS 4 million - The number of barrels of oil per day that the United States would save if fuel economy standards were raised to 40 miles per gallon within 20 years. This is more oil than we currently import from the entire Persian Gulf and could ever take out of the Arctic Refuge, combined. $2,200 - Amount that the average driver would save at the gas pump over the lifetime of their vehicle if fuel economy standards were raised to 40 miles per gallon over the next 10 years. [14] 6 - Percentage by which we can reduce natural gas consumption by getting 20 percent of our energy from clean sources like wind and solar. $26.6 billion - Amount this would save consumers by 2020. [15] 12.6 - Percentage of natural gas (projected to be used in 2020) that we could save by using technology available today to make homes, buildings and industry more energy efficient. [16] Sources: [1] Energy Information Administration (EIA) – www.eia.doe.gov [2] Consumer Expenditure Survey from Bureau of Labor Statistics and the Energy Information Administration [3] Energy Information Administration (EIA) – www.eia.doe.gov [4] ibid [5] 1988-2003 Energy Information Administration, Petroleum Marketing Annual, annual reports and 2004-Energy Information Administration, Petroluem Marketing Montly (April 2005) [6] Washington Post "Gas Profit Guzzlers," 9/25/2005 [7] United States Securities and Exchange Commission Annual Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 [8] http://www.enn.com/today.html?id=8944 [9] MMS, 2000. Gulf of Mexico OCS Oil and Gas Lease Sale 181, Draft Environmental Impact Statement (DEIS), pp. IV-50. [10] http://www.tws.org/Library/Documents/upload/PennyaGallon20yrs1.pdf [11] BLM, “Number of APDs approved by Year on Federal Lands” (unpublished table, 1/31/05) [12] BLM, “Number of Wells Spud During the Year on Federal Lands” (unpublished table, 1/31/05) [13] U.S. Department of Interior, Minerals Management Service (MMS), 2000. Outer Continental Shelf Petroleum Assessment, 2000, page 5 and Gulf of Mexico Assessment Update [14] Friedman et al. "Drilling In Detroit: Tapping Automaker Ingenuity to Build Safe and Efficient Automobiles." Union of Concerned Scientists & Center for Auto Safety. June 2001. [15] Union of Concerned Scientists fact sheet “Renewable Energy Can Help Ease Natural Gas Crunch.” http://www.ucsusa.org/clean_energy/clean_energy_policies/renewable-energy-can-help-ease-natural-gas-crunch.html [16] Nadel, Steve. “A Choice of Two Paths: Energy Savings from Pending Federal Energy Legislation.” April 2005. American Council for an Energy Efficient Economy. |
