Tag Archives: global oil market

Nick Tiller Calls for Gas Conservation on CNBC

Sustainable America Founder Nick Tiller on CNBC

Part of our mission is to educate the public about food and fuel issues, and our founder, Nick Tiller, had a great opportunity to do just that recently. He was a guest on CNBC’s mid-day show Fast Money: Halftime Report, where he explained how his background as a financial analyst and portfolio manager in the energy and food sectors led him to start a nonprofit organization.

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“Why I Quit Oil”

Photo Credit: bloomgal via Compfight cc

After 12 years of profiting from the energy and agriculture markets, I resigned my position as a hedge fund portfolio manager last year. Now, as the founder of Sustainable America, I devote a material portion of my time and net worth to helping make our nation’s food and fuel systems more resilient. Here’s why

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Middle East Hack Attack

A recent attack on the computer system of Saudi Arabia’s state-owned oil company, Saudi Aramco, by Iranian computer hackers was alarming and should have Americans taking note. Aramco is the producer of 11 million barrels per day, or approximately 13% of the world’s oil output. This resonates with Sustainable America’s mission to reduce U.S. oil dependency. Gray Peckham, an analyst at Sustainable America, explains.

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By the Numbers

Currently 50 million households suffer from food insecurity, meaning that family members cannot always meet their basic food needs.

10 million people a year could be fed through the recovery of just one-fifth of food waste.

Only 2% of food waste is composted or otherwise recycled—62% of paper is recycled.

Consumers throw out about 40% of the fresh and frozen fish they buy.

The U.S. produced 208 pounds of meat per person in 2009—60% more than Europe.

Low income commuters spend a much higher proportion of their wages on gas—8.6% versus 2.1% at $4 per gallon.

Food prices rose 35-40 percentage points between 2002–2008.

Americans consume 25% of the world’s produced oil, but our nation holds less than 3% of the world’s proven oil reserves.

The International Energy Agency says greenhouse gas emissions rose 3.2% last year, with a 9.3% increase in China offsetting declines in the US and EU.

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