Despite an influx of vehicles that are 46% more fuel-efficient than they were in 1980, the average American household spent almost $3,000 (or about 4% of their pre-tax income – the highest proportion in history) on gasoline. Find out how we compare with the rest of the world.
As editor of www.FinancialArticleSummariesToday.com and www.munKNEE.com and the FREE Market Intelligence Report newsletter (sample here – register here) The Finance Degree Center (www.financedegreecenter.com) asked that I post the following infographic* which I am pleased to do.
*http://www.financedegreecenter.com/gassed/ (© 2013 Finance Degree Center)
I don’t want to kill the dream of U.S. energy independence but the fact is it won’t become a reality overnight. It’s entirely possible, however, that the North American continent [Canada, the U.S. and Mexico] can achieve energy independence within the next decade. [Let me explain.] Read More »
Below is an infographic presenting a crash course in the need for, problems with, and benefits of, building the Keystone XL pipeline from Alberta through the American midwest to the refineries in Texas. Read More »
The United States is not going to become energy independent because of tight oil. Period. Reports to the contrary are an illusion of U.S. energy independence based on unrealistic assumptions and projections about the long-term potential of oil production from tight formations like the Bakken Shale in North Dakota and the Eagle Ford Shale in Texas. There are several compelling reasons for this [as outlined below]. Words: 575 Read More »
Canada is the largest supplier of oil to the U.S. When the U.S. imports oil from Canada, the spin-off economic benefits are substantial. The interactive map of the U.S. below will let you calculate the economic impact generated in each U.S. state from new oil sands projects in Alberta, Canada. Words: 592
The United States imported about 40 percent of its oil in 2012. So where are we getting it from? It depends a lot on where you live. [This article presents a map showing U.S. crude oil imports by country of origin for 2012 with commentary on regional particulars.]