Renewable Fuels Association, Ethanol Biorefinery Locations List, last updated November 27, 2006 What Kind of Impact Does this Have on Our Petroleum Imports?
Today, this amount of ethanol represents less than 3% of our total transportation fuel use. With continued increases in production and the development of new technologies that make other feedstocks economical for ethanol production, however, the US will be able to significantly increase this number over time – balancing the needs of feed and fuel. Reference: US Department of Energy; RAE Analysis Today, over 60% of our oil is imported with forecasts at 70% by 2025. Slightly less than half of our imported oil is from OPEC (Saudi Arabia, Venezuela, Nigeria, Algeria, Indonesia, Iran, Iraq, Kuwait, Qatar, Libya and the United Arab Emirates). Reference: US Department of Energy US domestic production of oil peaked in the early 1970s, yet US petroleum consumption is expected to rise by 43% by 2025.
