Scary Oil Facts

Per DAY, the U.S. imports oil from the following countries:

Canada=1.864 Million

Saudi Arabia=1.453 Million

Mexico=1.410 Million

Venezuela=1.150 Million

Nigeria=1.082 Million

Angola=.496 Million

Iraq=.485 Million

Algeria=.443 Million

Ecuador=.198 Million

Kuwait=.176 Million
That's over 10.5 millions of barrels per DAY in 2007 numbers.

(Source: U.S. Dept of Energy)

China is the second-biggest fuel consumer after the U.S. In June, they ended gas subsidies, increasing fuel prices by approximately 18% (Source: China's National Development and Reform Commission).

Chinese consumption is expected to rise to an average 8.02 million barrels a day this year. (Source: U.S. Dept of Energy)

Despite rising fuel prices world-wide, energy consumption continues to climb according to the recent Short-Term Energy Outlook from the Energy Information Administration. Here's the full report.

Where will this all lead us, nationally and internationally?