Thursday, September 4, 2008

Lawyer Sanders says U.S. consumes four times more petroleum products than the amount of domestic crude oil produced each year.

According to the U.S. government’s Energy Information Administration, the U.S. consumed 20.7 million barrels per day (MMbd) of petroleum products during 2007 making us the world’s largest petroleum consumer. The United States was third in crude oil production at 5.1 MMbd. Almost 50% of U.S. crude oil and petroleum products imports came from the Western Hemisphere (North, South, and Central America and the Caribbean including U.S. territories) during 2006. We imported only 16% of our crude oil and petroleum products from the Persian Gulf countries of Bahrain, Iraq, Kuwait, Qatar, Saudi Arabia, and United Arab Emirates.