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Greene 20 (0:57)
Topic(s): Foreign Oil / Government
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Video Transcript

What's made us more dependent is our oil production peaked in 1970 and has been declining ever since. So in 1970, US oil production reached a peak level. It's never regained that level; it's gradually decreased, sometimes temporarily increased, but gradually decreased continuously. So our own ability to supply oil has been going down. At the same time, our demand for petroleum has been going up because of the growth in transportation, the growth in motor vehicle use, the growth in aircraft, air travel and so on. So as our increasing demand for mobility demands more and more oil, our ability to produce oil in the United States has been going down. So that creates a growing gap, and that increases our oil dependence.



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