1 National Security Consequences of U.S. Oil Dependency Independent Task Force Report COUNCIL ON FOREIGN RELATIONS.

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Presentation transcript:

1 National Security Consequences of U.S. Oil Dependency Independent Task Force Report COUNCIL ON FOREIGN RELATIONS

2 Figure 1: U.S. Primary Energy Consumption by Source, 2005 Source: EIA Annual Energy Review 2005.

COUNCIL ON FOREIGN RELATIONS 3 Figure 2: U.S. Consumption, Production, and Imports of Oil, 1949–2005 Source: EIA Annual Energy Review 2005.

COUNCIL ON FOREIGN RELATIONS 4 Figure 3: Nominal and Real Refiner Acquisition Costs (RAC)* of Crude Oil Source: EIA Annual Energy Review 2005.

COUNCIL ON FOREIGN RELATIONS 5 Figure 4: Annual Growth in World Oil Demand Source: EIA Term Energy Outlook, February 2006 (1981–90 and 1991–99 are annual averages).

COUNCIL ON FOREIGN RELATIONS 6 Table 1: World Proved Oil Reserves by Country as of January 1, 2006 (billion barrels) Source: “Worldwide Look at Reserves and Production,” Oil & Gas Journal 103: 47 (December 19, 2005), pp. 24–25.

COUNCIL ON FOREIGN RELATIONS 7 Table 2: Top World Oil Producers, 2004* Source: See

COUNCIL ON FOREIGN RELATIONS 8 Figure 5: North American Natural Gas Consumption and Production, 1980–2005 Source: EIA Annual Energy Outlook 2005.

COUNCIL ON FOREIGN RELATIONS 9 Figure 6: Trends in Rising Chinese Oil Imports, Prices, and Number of Political Oil Deals