Any discussion of energy and pollution must start with oil. World oil reserves that are recoverable given existing economic and operating conditions are estimated to be 1,349,000,000,000 barrels (bbl). Oil is being produced and used at the rate of over 80,000,000 bbl per day. Although exact estimates of reserves can be controversial, government reports and industry analyses generally agree on these figures. If they are accurate simple math tells us that at our present rate of production and use there are 42 years and six months of worldwide oil reserves.
Four countries—Saudi Arabia, Canada, Iran and Iraq—own 50 percent of all oil reserves. Russia’s 69,000,000,000 bbl rank it ninth in reserves; the United States’ 22,450,000,000 bbl make us fourteenth. We use 20,730,000 bbl of oil every day so our reserves are less than a three-year supply.
The U.S. imports 65 percent of its oil. On an everyday basis we are dependent on Canada, Saudi Arabia, Venezuela, Mexico, Nigeria and Iraq for 78 percent of our imports. We compete for supplies with 20 countries including the next five largest importers, Japan, Germany, France, Italy and China.
In addition to the obvious drawback that it is being used up and when it is gone, there will be no more, dependence on oil makes the world’s oil importers dependent on those who control it. We get the most—19 percent—from Canada, a stable democracy and historically strong ally unlikely to change its posture toward the U.S. in the foreseeable future.
But each of our other major suppliers has issues that make its continued flow of oil less than certain. Bush family friends, the House of Saud, rule Saudi Arabia; it has been called the world’s ninth most authoritarian regime. In 2004 the 9/11 Commission said Saudi Arabia had been “a problematic ally in combating Islamic extremism.” And in 2006 a Congressional Research Service brief said,
Since...September 11, 200l, some commentators have maintained
that Saudi domestic and foreign policies have created a climate
that may have contributed to terrorist acts by Islamic radicals.
Venezuela President Hugo Chavez called George W. Bush the devil and said, “The United States empire in on the way down and it will be finished in the near future, for the good of all mankind.”
Mexico’s principal problem vis-à-vis the U.S. is illegal emigration. But while the thousands of Mexicans fleeing north will not affect our oil imports, the country’s well-documented problems with its economy, transportation system, housing, drug trafficking, violent crime, graft, and even supplies of food and water very well might.
Nigeria has the world’s eighth largest population and about as much oil reserves as the United States and China combined. According to one well-known Nigerian, Philip Emeagwali, its oil-based wealth has been squandered on projects such as a new capital city and maintenance of a large army. A 2004 African issues article on the Web site of The Heritage Foundation says,
...Islamist radicals hope to exploit Nigeria’s poverty, political
turmoil, and inadequate law enforcement—thereby making
Nigeria a potential regional security threat.
And then there is Iraq. Whether or not we believed former Secretary of Defense Donald Rumsfeld when he said, “We don’t take our forces and go around the world and try to take other people’s...oil,” and whether or not we believe there was any real justification for the invasion of our fifth largest supplier, any suggestion that the country represents a steady and reliable source of oil is ridiculous—Berkley Bedell and Jim Frost.
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