Anne Korin’s Got The Facts

This is one sharp lady. Anne Korin is the co-director of the Institute for the Analysis of Global Security. I was privileged to watch her give a speech, thanks to the wonders of C-SPAN, my favorite TV channel.

She spoke about a subject near and dear to my heart: alternative energy sources and how to implement them — i.e., how to decrease the strategic value of oil.

The following is a list of facts Anne Korin included in her speech. No, I wasn’t taking notes; I cribbed the list from Muckety.com. Read and learn.

  1. The U.S. has about 3% of the world’s conventional oil reserves.
  2. OPEC countries have 75% of the world’s oil reserves.
  3. The U.S. accounts for about 25% of the world’s oil demand.
  4. During the oil embargo in the 1970’s the U.S. imported about 30% of its oil.
  5. Today we import over 60% of our oil, and the number continues to grow.
  6. 66% of our oil consumption is in the transportation sector.
  7. The transportation sector is 98% petroleum dependent.
  8. 90% of cars sold in Brazil in 2008 are flex fuel vehicles.
  9. Flex fuel vehicles can run on any combination of gasoline, ethanol, or methanol.
  10. It cost an automaker $100 more to make a flex fuel vehicle than one that runs only on gas.
  11. The U.S. produces its ethanol from corn.
  12. Brazil produces its ethanol from sugar cane.
  13. It is much cheaper and more efficient to produce ethanol from sugar cane than from corn.
  14. There are 100 countries in the world with a suitable climate for producing sugar cane.
  15. There is no tariff on imported oil in the U.S.
  16. There is a 54-cent-per-gallon tariff on imported ethanol in the U.S.

I see oil as the past and alternatives as the future. The times they are a’changin’. The times they MUST change. That’s a fact!

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