Top Leaderboard, Site wide
April 19, 2015
Truthdig: Drilling Beneath the Headlines
Sign up for Truthdig's Email NewsletterLike Truthdig on FacebookFollow Truthdig on TwitterSubscribe to Truthdig's RSS Feed

Get Truthdig's headlines in your inbox!

Webby Awards 2015

Antarctica Blows Hot and Cold—for Now




The Teaching Brain
Data and Goliath


Truthdig Bazaar
Room: A Novel

Room: A Novel

By Emma Donoghue
$13.72

more items

 
Ear to the Ground
Print this item

Fracturing Some Oil Myths

Posted on Jun 30, 2012
ezioman (CC BY 2.0)

A recent Wall Street Journal article highlighted fracking as a way to reduce American dependence on Middle Eastern oil. But Mother Jones blogger Kevin Drum points out that we don’t rely all that much on Arab oil, and fracking is almost beside the point.

—Posted by Alexander Reed Kelly

Kevin Drum at Mother Jones:

… Oil consumption has dropped nearly 2 million barrels per day since 2007. Over the same period, U.S. imports of oil have dropped 2.1 million barrels per day.

So how much oil do we import from the Persian Gulf? Answer: in 2007 we imported 2.1 million barrels per day, about 10% of our total consumption. The fact is that we’ve never heavily relied on Persian Gulf oil, and if we had chosen to, we could have cut Middle East imports to zero based solely on our drop in consumption over the past few years. Far from trying to wean ourselves off Middle East oil, we’ve made a conscious decision to keep buying it.

Read more

More Below the Ad

Advertisement

Square, Site wide

New and Improved Comments

If you have trouble leaving a comment, review this help page. Still having problems? Let us know. If you find yourself moderated, take a moment to review our comment policy.

 
Right 1, Site wide - BlogAds Premium
 
Right Skyscraper, Site Wide
Right 2, Site wide - Blogads
 
Join the Liberal Blog Advertising Network
 
 
 
Right Internal Skyscraper, Site wide

Like Truthdig on Facebook