Petroleum imports numbers all sources
U.S. Crude Oil Imports from All Countries (Thousand Barrels)
Decade /Year
1967 411,649
1977 1,935,012
1987 1,705,922
1997 3,002,299
2007 3,656,170
The chart indicates a doubling of imported oil in twenty years. Population has doubled since the sixties. How is the US going to maintain per capita consumption at these levels? How can a market keep up without planning to mitigate severe changes?
Update:
Exports of crude to elswhere (thousand barrels)
1967 26,451
1977 2,146
1987 54,964
1997 39,308
2007 8,999
The charts do not translate to the post, so I picked 2007 and simply worked backwards by decade as an illustration.