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Friday, April 25, 2008

The Truth About Oil and Gasoline

API has produced a nifty primer on oil, gasoline, and other energy sources.

Among the interesting graphs: where does each dollar spent on gasoline go (pg 9 in the PDF file); who owns "big oil" (pg. 13); and where does US corn go (pg 26). On the latter, I was suprise not only at the percentage going to fuel alcohol (25%) but how little corn makes it to the dinner table as corn (less than 2% goes into "cereals and other").

1 comment:

An angry taxpayer said...

It is easy to see the real problem with the global food shortage and energy crisis is our over regulated and "do-good" legislators. To avert a major crisis here stop ethanol subsidies and drill for oil off of our coast and in ANWR. Exxon is not the problem they are the solution.