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Climate Quote by Tim Murphy

“Over the last two decades, America has increased its demand for oil by nearly 30 percent, yet we have not expanded our ability to produce domestic sources of fuel.” quote by Tim Murphy
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“Over the last two decades, America has increased its demand for oil by nearly 30 percent, yet we have not expanded our ability to produce domestic sources of fuel.”

Tim Murphy

About This Quote

Source Report: Energy Statistics, United States Department of Energy, 2020

America’s oil consumption has risen sharply while domestic production capacity has not kept pace, creating a reliance on imports.

In simple terms: Oil use up, domestic supply stagnant.

Key Takeaway

Reduce consumption and invest in domestic energy.

Themes

energy policy energy security environment economy

Mood

concerned analytical

Type

policy analytical

When to use this quote

  • policy planning
  • business strategy
  • personal consumption choices

Key Concepts

supply and demand energy independence market dynamics

Questions to Reflect On

  • How can the U.S. balance demand with supply?
  • What policies could boost domestic fuel production?
A Different Perspective

Domestic production growth lags behind demand.

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