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Strategies & Market Trends : Bosco & Crossy's stock picks,talk area

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From: allevett10/2/2005 11:20:36 AM
   of 37387
 
rom: Dale Baker 10/2/2005 9:25:08 AM
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SOME ENERGY FACTS

Take a gander at these incontrovertible facts about energy demand and supply, and then tell me your brain has NOT shut down into a stupefying coma:

1) The U.S. burns 10 billion gallons of gasoline every 25 days, which accounts for 25% of world oil use.

2) That's 23 million barrels a day more than China, Japan, Russia, Germany and Canada combined.

3) We burn 23 trillion cubic feet of natural gas in the U.S., going to 31 trillion cubic feet per year by 2025, while we are producing 1%-2% LESS each year.

4) The world has 6.3 billion people and the population is growing at a 1.3% rate, BUT the world has 775 million vehicles and every year that number grows by 6%.

5) In the U.S. we have 745 vehicles per 1,000 inhabitants

6) China has THREE vehicles per 1,000 people, and India has one vehicle per 1,000 inhabitants.

7) The world creates 112,190 new vehicles each DAY, and China adds 2.5 million cars per year that burn an average of 5.96 barrels of oil per year.

8) If China gets to the U.S. rate of car ownership, they will have 1.1 billion cars.

9) Oh yeah, the population of India will surpass China by 2030.

10) When China gets to five cars per 1,000 people, they will have to DOUBLE the oil they have to import to 10 million barrels a day.
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