United States' Petroleum Demand Dropped in 2008

A 6 percent fall puts the nation’s oil demand at its lowest since 2003.
From EERE Network News
Feb. 4, 2009
Add to My MSN


Content Tools

Related Content

Using Essential Oils for Honeybees

Essential oils can be a useful supplement for honeybees. Lemongrass, spearmint and thyme essential o...

Using A Piteba Oil Press

Learn about using the Piteba to press your own homegrown oil.

Tramps Like Us Were Born to Run.... or not...

Cam considers how peak oil will impact our love of travel.

Tramps Like Us Were Born to Run.... or not.....

Cam considers the effect of Peak Oil on our wandering ways....

Using United States petroleum deliveries as a measure of oil demand, the American Petroleum Institute found that demand dropped by 1.2 million barrels per day to 19.4 million barrels per day in 2008, which is a 6 percent drop.

Oil demand fell because the demand for fuels dropped, with gasoline deliveries sliding by 3.3 percent, distillate fuel oil deliveries — which include diesel fuel — decreasing by 5.8 percent, jet fuel deliveries dropping by 6.1 percent, and residual fuel oil deliveries falling by 14 percent.

Coincidentally, United States crude oil production was also down, as lower oil production in Alaska and hurricane-related shut-ins in the Gulf of Mexico pushed production below 5 million barrels per day for the first time since 1946.

Despite the drop in production, the imports of crude oil and petroleum products also decreased by more than 5 percent to 12.9 million barrels per day, the lowest level in five years.

Production of one petroleum product increased in the United States, however: The refinery output of ultra-low sulfur diesel fuel increased by more than 10 percent to 3.1 million barrels per day.


Reprinted from EERE Network News, a free newsletter of the U.S. Department of Energy.







Post a comment below.

 








Subscribe Today - Pay Now & Save 66% Off the Cover Price

First Name: *
Last Name: *
Address: *
City: *
State/Province: *
Zip/Postal Code:*
Country:
Email:*
(* indicates a required item)
Canadian subs: 1 year, (includes postage & GST). Foreign subs: 1 year, . U.S. funds.
Canadian Subscribers - Click Here
Non US and Canadian Subscribers - Click Here

Lighten the Strain on the Earth and Your Budget

MOTHER EARTH NEWS is the guide to living — as one reader stated — “with little money and abundant happiness.” Every issue is an invaluable guide to leading a more sustainable life, covering ideas from fighting rising energy costs and protecting the environment to avoiding unnecessary spending on processed food. You’ll find tips for slashing heating bills; growing fresh, natural produce at home; and more. MOTHER EARTH NEWS helps you cut costs without sacrificing modern luxuries.

At MOTHER EARTH NEWS, we are dedicated to conserving our planet’s natural resources while helping you conserve your financial resources. That’s why we want you to save money and trees by subscribing through our earth-friendly automatic renewal savings plan. By paying with a credit card, you save an additional $5 and get 6 issues of MOTHER EARTH NEWS for only $12.00 (USA only).

You may also use the Bill Me option and pay $17.00 for 6 issues.