Confronting Today's Oil Crisis in the U.S.
$this->bbcode_second_pass_quote('', 'I')n conclusion, the action we must take NOW to relieve our dependence on foreign oil over the next two decades is threefold: First, we need to increase our domestic oil production from the current level of 7.5 million barrels/day to about 10 million barrels/day. This may mean more offshore drilling, possibly some discrete drilling on public lands, and, if it can become economical and environmentally acceptable, production of oil via coal liquefaction and/or extraction from oil shale.
Secondly, we need to produce more and more biofuels, hopefully as much as a NET 4 million barrels/day. This assumes that a practical method of producing ethanol from cellulosic feedstock will be developed within the next five years and that it will be the predominant method of producing ethanol over the following ten years. It also assumes that there will be a major increase in biodiesel production. These measures will not only provide alternative fuels to relieve much of our gasoline and diesel fuel needs but it also will create thousands of new domestic jobs and greatly improve our balance of trade.
Thirdly, and most importantly, we need to drastically reduce our oil consumption by some 7 million barrels/day. This means an upping of CAFE standards by government edict, a mass manufacture and sale of highly fuel-efficient vehicles, and the subsequent changing some of our life style habits. We can no longer lavish ourselves with large gas guzzling vehicles. We need to replace them with fuel efficient cars and trucks such as hybrid and plug-in hybrid vehicles, and we must learn to economize on our travel in every way we can (car pools, fewer road trips, shorter commutes, greater use of public transportation). In fact, there is a movement afoot encouraging local governments to pass new zoning laws and create incentives for better urban planning of all new real estate developments to ensure less travel between home, stores and places of employment.







