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06/10/2011
HISTORY OF U.S. OIL IMPORTS, PRICES,
PRODUCTION, CONSUMPTION, WORLD OIL
RESERVES AND EVENTS AFFECTING PRICES
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PITNEY-BOWES RESEARCH Today most Americans are paying over $4.00 per gallon for gasoline. The price of crude
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STRATEGY ANALYTICS: THE
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HISTORY OF U.S. OIL IMPORTS,
PRICES, PRODUCTION,
CONSUMPTION, WORLD OIL
RESERVES AND EVENTS
AFFECTING PRICES
APPLE DOMINATES THE APP
WORLD WITH NEARLY 90,000
APP DEVELOPERS, 500,000
APPS, PLUS HOW IT KEEPS ITS
DEVELOPERS HAPPY
FACEBOOK TARGETS CHINA,
BUT WILL FACEBOOK GIVE IN
TO CHINESE CENSORSHIP
RULES AND COMPROMISE
[Click Chart To Enlarge]
AMERICAN VALUES?
It gets even scarier.
eMARKETER: U.S. ONLINE AD
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3. Baby Products
Beauty and Hair The three most significant events leading to the biggest increases in oil prices are the
Bicycles Yom Kippur War (1973), Iranian Revolution (1979) and the Invasion of Iraq (1991). The
Bioscience Arab Revolt or Arab Spring which began in December 2010, and has affected over a dozen
Middle Eastern and North African nations, several of them oil producers. This latest
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events has the potential to affect the balance of power throughout the world and the U.S.
Boats and Yachts could be its biggest victim.
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Yom Kippur War
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On October 6, 1973, the Jewish holy day of Yom Kippur, Egyptian forces attacked Israel
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from across the Suez Canal, while at the same time Syrian troops were flooding the Golan
Censorship Heights in a surprise offensive. After early losses, Israeli counterattacks quickly pushed
Childrens Social Development into Syrian territory in the north, as troops outflanked the Egyptian army in the south.
Computers and Accessories
Israel, with help from the U.S., succeeded in reversing the Arab gains and a cease-fire
was concluded in November. But on October 17, OPEC struck back against the West by
Consumer Electronics and imposing an oil embargo on the U.S., while increasing prices by 70% to America's
Accessories
Western European allies. Overnight, the price of a barrel of oil to these nations rose from
Consumer Packaged Goods $3 to $5.11. [In January 1974, they raised it further to $11.65.] The U.S. and the
Consumers Netherlands, in particular, were singled out for their support of Israel in the war.
Crime The Iranian Revolution
crowdfunding and
crowdsourcing The Iranian Revolution (also known as the Islamic Revolution or 1979 Revolution refers to
events involving the overthrow of Iran's monarchy (Pahlavi dynasty) under Shah
Current Affairs
Mohammad reza Pahlavi and its replacement with an Islamic Republic under Ayatollah
Demographics and Lifestyle Rubollah Khoemeini, the leader of the revolution.
Segmentation
Demonstrattions against the Shah commenced in October 1977, developing into a
Digital and Video Content Sharing
campaign of civil resistance that was partly secular and partly religious, and intensified in
Diseases and Infections January 1978. Between August and December 1978 strikes and demonstrations
Earth and Environment paralyzed the country. The Shah left Iran for exile in mid-January 1979, and in the
eCommerce
resulting power vacuum two weeks later Ayatollah Khomeini returned to Tehran to a
greeting by several million Iranians. The royal regime collapsed shortly after on February
Economy 11 when guerrillas and rebel troops overwhelmed troops loyal to the Shah in armed street
Education and Information fighting. Iran voted by national referendum to become an Islamic Republic on April 1,
Email 1979, and to approve a new theocratic constitution whereby Khomeini became Supreme
Leader of the country, in December 1979.
Employment
Energy and Green Technology Invastion of Iraq
Engineering The 2003 invasion of Iraq (March 19–May 1, 2003), was the start of the conflict known as
Entertainment the Iraq War or Operation Iraqi Freedom in which a combined force of troops from the
United States, the United Kingdom and smaller contingents from Australia and
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Poland invaded Iraq and toppled the regime of Saddam Hussein in 21 days of major
Fashion and Style combat operations. This phase (March–April 2003) consisted of a conventionally fought
Film war which concluded with the fall of the Iraq capital Baghdad. This was considered a
Finance
continuation of the Gulf War of 1991, prior to which Saddam Hussein had invaded Kuwait,
and after defeat by Coalition Forces had agreed to surrender and/or destroy several types
Firearms and Armaments of weapons, including SCUD missiles and weapons of mass destruction (WMD).
Food and Drink
Arab Revolt 2011
Food and Nutrition
Foodservice Today we are facing another potential oil crisis an upheavel in the Middle East and North
Africa. Several of those countries are major oil producers. The Arab Revolt or Arab Spring
Franchising
or quite literally The Arabic Rebellions, also collectively labeled as the Jasmine
Furniture Revolutions by some media, groups and individuals, are a revolutionary wave of
Gambling demonstrations and protests that have been taking place in the Arab world since 18
December 2010. Prior to this period, Sudan was the only Arab country to have
Games
successfully overthrown dictatorial regimes, in 1964 and again in 1985. To date, there
Geography have been revolutions in Tunisia and Egypt; a civil war in Libya; civil uprisings in Bahrain,
Government and Regulatory Syria and Yemen; major protests in Algeria, Iraq, Jordan, Morocco, and Oman, as well as
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on the borders of Israel; and minor protests in Kuwait, Lebanon, Mauritania, Saudi Arabia,
Sudan and Western Sahara. The protests have shared techniques of civil resistance in
History sustained campaigns involving strikes, demonstrations, marches and rallies, as well as
Hospitality the use of social media, such as Facebook, Twitter and YouTube, to organize,
Household Consumer Items communicate, and raise awareness in the face of state attempts at repression and
internet censorship. The slogan of the demonstrators in the Arab world has been "The
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people want to bring down the regime".
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Ongoing Status as of 5 June 2011
International
l Tunisian President Ben Ali ousted, and government overthrown.
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l Egyptian President Hosni Mubarak ousted, and government overthrown.
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l Unclear situation in Yemen as Yemeni President Ali Abdullah Sleh leaves for Saudi Arabia for
IPO's and Investments medical treatment and hands over power to his Vice President.
Jewelry, Watches and l Libya divided by civil war and experiencing foreign intervention in the form of a no-fly zone and air
Accessories strikes.
l Civil uprisings against the governments of Syria and Bahrain, despite government changes.
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l Jordan, Kuwait and Oman implementing government changes in response to protests.
Luxury Goods l Ongoing protests in Algeria, Iraq, and other countries.
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Management and Human
Resources
Manufacturing and Prototypes
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and Fish
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So how much oil is still left in the world? This infographic will scare the hell out of you.
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6. [Click Image To Enlarge]
Total renewable energy sources account for 11.14% of our domestically produced
electricity. If the U.S. had developed a Manhattan Project-like push to replace fossil and
coal with renewable energy sources like wind and solar back in 1979 (assuming
technology was available), the U.S. would now be supplying over 50% of its energy needs
from renewables. The U.S. imports over 25% of the world's oil. If we had replaced
imported oil used to power our motor vehicles with natural gas, demand for imported oil
would've plummeted and prices would be about 30% of what they are today per barrel.
Courtesy of an article dated June 8, 2011 appearing in SAI Business Insider and
numerous other sources
Posted at 09:00 PM in Oil | Permalink
Technorati Tags: 1973 oil embargo, Arab revolt, arab spring, imported oil, Invasion of Iraq, Iranian
Revolution, oil, US oil consumption, US oil imports, US oil production, Yom Kippur War
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