Tag Archives: world oil production

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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Our Fuel Gauge Is Broken

Hurricane Sandy has important lessons to teach us about our fuel supply, if we choose to listen. For one, shale oil notwithstanding, the U.S. is more reliant on imported oil now than it was at the time of the Iranian Revolution in 1979. 13D Research provides analysis.

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The future of oil in Iraq

Desert Gas Station by David Blackwell

It’s important to understand that increasing domestic oil production in America will not necessarily lower prices at the pump… Instead we should focus energy on alternatives to crude oil like natural gas, advanced biofuels and electric vehicles in addition to energy efficiency measures.

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Making Gasoline Appear From Thin Air

British scientists have successfully produced just over a gallon of gasoline using carbon dioxide from the air and hydrogen from water. Air Fuel Synthesis, the company behind the process, hopes that within two years it will build a larger, commercial-scale plant capable of producing a ton of petrol a day. The global energy implications of literally extracting carbon dioxide from the air to make gasoline are considerable.

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Global Oil Balance to Remain Tight in 2013

A highly respected research provider, Cornerstone Analytics has allowed us to republish a preview of their 2013 Global Oil Capacity Forecast, originally published August 23, 2012. The outlook is not good for global oil balance, which likely means even higher oil prices, and bouts of global economic malaise. Some of the numbers here are pretty shocking.

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Renewable Energy Around The World

In light of the G20 Summit in Mexico this summer, Sustainable America took a look at what has changed since 2002, when this group of finance ministers and central bank governors from 20 major economies pledged to “substantially increase” the use of renewable energy.

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The Real Game-Changing Event In Energy

Photo: Smokey Drive from Lubbock to Austin / by flickr user dingatx / CC BY-NC 2.0

At Sustainable America we find this article from 13D Research interesting and on point. We believe it helps highlight the vulnerabilities of our economy to global oil supply, and the need for reducing our reliance on oil for transportation uses.

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Dropping Oil Prices & Alternative Energy

photo: windy_hill, by flickr user d_A_v_E_, under CC BY 2.0

High oil prices this decade have been hard on Americans, but if there has been any silver lining, it’s been the growth of alternative energy investment and innovation spurred by the rising cost of oil.

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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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