Project Based Learning Social Studies Mrs. Strope It Costs How Much? Project Based Learning Social Studies Mrs. Strope
Oil Facts: How much do we use? The world oil market produces 76 million barrels a day The United States, with 5% of the world's population, consumes 20 million barrels, or 26% of the world's total. The United States has only 3% of the world's known oil reserves. Imports account for 60% of America's daily oil consumption, Transportation (auto, truck, aircraft, military), plastics and food energy demands are nearly 100% exclusively dependent on oil, although USA-based oil reserves and production are declining - - causing a soaring dependence on foreign supply. Before 1950, including during World War II, America produced more oil than needed, even exporting to other nations.
Use up the gas…
O.P.E.C. Oil Crisis 1970’s
I Can’t Afford That!
Gas Lines…
Truck Drivers in 2008
Where does the oil come from?
Gulf of Mexico Oil Rigs
Middle East
What effects production?
Bad weather…
Government Regulations
International Organizations