Monday, November 3, 2008

America's Dependance on Foreign Oil

I think that the United States of America is very dependant of foreign oil. They could tap into our nation's oil but instead they keep buying it from the Middle East. According to the NRDC, America spends thirteen million dollars an hour on oil. That is way to much, no wonder our country is in so much debt. It is kind of hard to make money when you're paying thirteen million dollars an hour on just oil. I know there are millions of things that run on oil but that is just way to much money. If the United States weren't so dependent on foreign oil, the price would go way down.
The website www.fueleconomy.net/feg/oildep.shtml says the average vehicle uses 22.8 barrels of oil a year. Out of those 22.8 barrels, only 9 barrels are domestic oil. That means that the average vehicle uses 13.8 barrels of foreign oil a year. That is crazy. If we could use more of our domestic oil instead of foreign oil, our economy would grow because it would decrease our dependency on foreign oil and would give Americans more jobs.
One way to reduce use of foreign oil is to reduce the use of oil entirely. Scientists are coming up with was to produce energy with many different resources besides oil. I know a family that runs every vehicle the own (which is over ten) on used grease. The only two problems they have with it is in the winter it gets thick because of the temperature, and the exhaust smells like french fries, which isn't really a problem. The engine doesn't lose any horsepower and it doesn't change how much fuel it uses. If more people would do that, the dependency on foreign and domestic oil would decrease and our economy would grow.
Another way to decrease our dependency is to use more of our domestic oil. There is about 18 billion barrels of oil in the Outer Continental Shelf (OCS), but we aren't using any of it. Another way to obtain domestic oil is to tap into oil shale. In one major deposit of oil shale in Colorado, there are about 800 billion barrels of obtainable oil. One more location to get more domestic oil is in Alaska. This place is said to have a 10.4 billion barrels of oil, but there may be more. One last way to help decrease our dependence on foreign oil is to build more refineries. It has been 30 years since we have built a new refinery. Since we don't have the capacity to refine a lot of oil we are buying barrels of refined oil from foreign countries.

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