1 / 7

Declining US Reserves and Increasing Importation

Declining US Reserves and Increasing Importation . Ryan Hughes A.P.E.S Per. 8. Natural Gas. Natural gas remains a key energy source for industrial sector uses and electricity generation throughout the projection.

lali
Download Presentation

Declining US Reserves and Increasing Importation

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Declining US Reserves and Increasing Importation Ryan Hughes A.P.E.S Per. 8

  2. Natural Gas • Natural gas remains a key energy source for industrial sector uses and electricity generation throughout the projection. • Worldwide, total natural gas consumption increases by an average of 1.6 percent per year. • Main issue with Americas economic problem

  3. The Value of a Dollar • Our society and civilization are built upon: -the availability of cheap oil for transportation -food production - trade and commerce

  4. Shortage • The country is facing the most serious energy shortages since the 1970s. • Threaten prosperity and national security • Change the way Americans live

  5. Declining US Reserves • Banks flush with record reserves are increasingly snubbing dollars. • Global central banks are getting more serious about diversification, whereas in the past they used to just talk about it. • America’s currency has been under siege as the Treasury sells a record amount of debt to finance a budget deficit

  6. Increasing Importation • Prices for U.S. imports trended up over most of 2009, rising 8.6 percent overall for the year. • Import prices were unchanged in December following increases in each of the four previous months.

  7. Bibliography • http://www.eia.doe.gov/oiaf/ieo/nat_gas.html • http://www.bls.gov/news.release/ximpim.nr0.htm

More Related