Did You Know?

Did You Know?

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  • There are 141 petroleum products refineries in the U.S. with a total capacity of 17.7 million barrels per day. Chevron’s Pascagoula refinery, with a capacity of 330,000 barrels per day, is the 10th largest refinery in the U.S. Currently, the US consumes around 19.2 million barrels per day.
  • In 2000, natural gas from shale only accounted for 2.03% of total production. Because of hydraulic fracturing and horizontal drilling, that percentage had increased by 2011 reaching 24.8% and is projected to grow to 47% by 2035.
  • The smart grid market in the US was valued at $21.4 billion in 2009 and is expected to exceed at least $42.8 billion by 2014. Comparatively, the world market was valued at $69.3 billion and projected to reach $171.4 billion by 2014.
  • As a trend for energy efficiency in the US, energy consumption per dollar of economic output has declined at an average annual rate of 1.7% for the last 35 years.
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