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America's oil dependence and the great risks it presents is hardly "hypothetical scenario" rhetoric. Our nation's national security and economic strength will be greatly influenced in the coming years. The following charts represent undeniable trends pointing to a very real vulnerability.
Instability in the Global Oil Market
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2000 U.S. Oil End Use View Chart |
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Middle East Oil Power View Chart |
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Top Oil Consumers, 2004 View Chart |
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World Oil Demand View Chart |
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World Oil Production View Chart |
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World Oil Discoveries View Chart |
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"America's dependence on oil makes vulnerable the country's economic and military security and our nation must finally address this fundamental risk. As co-Chair of the Energy Security Leadership Council, I am completely committed to actively working with this diverse group of fellow business leaders to make the case for an aggressive, comprehensive policy to improve energy security."
Frederick W. Smith, Chairman, President and CEO, FedEx Corp. (co-Chair)
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