The U.S. economy continues to increase dependence on foreign oil rising oil prices and a sense of weight. We have to reduce our dependence on foreign oil must be a responsible energy plan. President Bush and Senator Kerry seems to have real problems.

Increased demand for transportation with a reduction in domestic oil production have combined to increase oil imports. As shown by the latest economic data and stock market development, high oil prices adversely, affect the U.S. economy. We need to balance our dependence on foreign oil and reduce transportation needs must be a responsible energy plan.

Rising oil prices.

Oil prices are a roll this year. As of August 10, crude oil prices increased by 45% since the beginning of 2004. The world’s most powerful economy of the rising demand for petroleum products because of the price of oil took place earlier this year. Further increased concerns about security of oil supplies. Head of Yukos oil company in Russia, the U.S. tax dispute, now Centre. 1.7 million barrels per day (MMBD), Yukos’s largest oil producer in Russia with a production capacity.

The weakening economy.

Your attitude, consumer spending and corporate profits on the high oil prices resulted in an additional control.

Business confidence level of employment growth is slowing down oil prices to weaken as it appears. High oil prices, consumer spending is much lower than the bite.

Cause: The transport depends on oil imports.

A mixture of oil and domestic oil consumption in the United States increasingly dependent on foreign oil left.

Energy Information Administration, U.S. United States, oil production in 2002 produced 9.0 MMBD in 1985, more than about 36% MMBD 5.8, the amount of Department of the internal energy. The lion’s share of oil consumption stems from transportation needs. Two-thirds of oil consumption for transportation in 2002, a small amount of diesel oil and 68% of total consumption in the transportation sector.

In 2002, U.S. net oil imports increased by 4.3 for 1985 as 10.4 MMBD MMBD. Sandia National Laboratories and the U. Based on the S. 7.5 additional oil and petroleum products, DOE / EIA forecast of increasing demand and declining domestic oil production are imported from 2020 MMBD gap. Energy costs: a long-term energy security.

Senator Kerry, President Bush will not be enough if a discussion of energy issues. Energy security in order to clarify the country’s transportation needs, while increasing our dependence on foreign oil, reduce the need for a comprehensive long-term national energy plan.

Alternative fuels to oil, including steps to increase domestic consumption, you may need.