Graph of the Day for July 17, 2010

"It is against this backdrop of Oil at Any Price that Jimmy Carter and the leaders of Western Europe, Canada and Japan will sit down next week in Tokyo for two days of talks on energy and the imperiled world economy. Exactly 48 hours earlier in Geneva, the 13-nation Organization of Petroleum Exporting Countries will also gather-and take a step that will surely make the energy squeeze worse: another increase in price. Meanwhile, demands are rising both in the Congress and from the U.S. public that Washington launch a war-effort type of national program of cooperation by Government and industry to end U.S. dependence on OPEC and its oil."  Time Magazine, 1979.

"When affordable oil gives out, we're in real trouble -- I mean the collapse of civilization, within 15 to 20 years." 
Larry Hagman, 2010.




Source:  US Energy Information Administration,
Annual Energy Outlook 2010.

Hoven's Index for July 17, 2010

Crude oil production in the US in 2007:  5.08 million barrels per day
Projected in 2035:  6.27 million barrels per day
Oil imports in 2007, net:  10.00 million barrels per day
Projected in 2035:  8.65 million barrels per day 
Source:  US Energy Information Administration,
Annual Energy Outlook 2010.

Graph of the Day
Archive.

If you experience technical problems, please write to helpdesk@americanthinker.com

Most Read


Last 24 Hours

Reza Pahlavi at CPAC? Big mistake
Nearing the Final Battle Against the Deep State
New York Greenlights Quarantine Camps
Watch white leftist women’s brains breaking—and repairing—in real-time
A MAGA Siege of the Democrats’ Deep State

Last 7 Days

Reza Pahlavi at CPAC? Big mistake
Righteous Attacks Bringing the Left to Heel
Public School Teachers: The Stupidest Creatures on the Planet
Think USAID was bad? You ain't seen nothin' yet.
Hegseth boards plane flanked by two ‘bada**’ women, and the politically correct capitulation tour continues