Michele Kearney's Nuclear Wire

Major Energy and Environmental News and Commentary affecting the Nuclear Industry.

Wednesday, November 30, 2011

Capitol Hill's Oil Hypocrisy

Capitol Hill's Oil Hypocrisy

Almost every U.S. politician over the last 40 years pledged unwavering support to reduce our reliance on fossil fuels and imported oil for reasons of national security, energy security, economic prosperity and environmental stewardship. With all this flag waving, talk of renewable, clean and sustainable energy, and furore over foreign oil, what has actually been achieved?
The U.S. Energy Information Association (“EIA”) Short-Term Outlook Report, September 7, 2011 concludes:
U.S. Liquid Fuels Consumption.
Total consumption of liquid fuels in 2010 grew 410 thousand bbl/d, or 2.2 percent, the highest rate of growth since 2004. In contrast, projected total U.S. liquid fuels
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