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And every credible forecast sees the vast majority of that demand being supplied by oil, gas and coal.
FORBES: Presidents CAN lower gasoline prices
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Consider: 95% of all American transportation energy is supplied by oil.
FORBES: The Automobile Shifts Gears
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Meanwhile, the energy for everything else--offices, factories, homes and data centers is 85% supplied without oil, and most of it is delivered as kilowatt-hours. (Only a vanishingly 2% of electricity is generated by oil.) Once you connect automobiles to the electric grid, you access a trillion-barrel-of-oil-equivalent energy infrastructure almost entirely fueled by domestic sources: coal, uranium, natural gas and hydro dams.
FORBES: The Automobile Shifts Gears
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This means a huge increase in the number of rigs supplied by the oil-services firms.
ECONOMIST: The oil-services industry
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By concentrating on areas where considerable progress is possible (rather than on such neuralgic issues as drilling in the Arctic National Wildlife Refuge or increased CAFE fuel-efficiency standards), America - and in particular its gas-guzzling transportation sector - could be made significantly less reliant on oil supplied by unstable or hostile regimes.
CENTERFORSECURITYPOLICY: Securing America's energy needs
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The Soviets supplied 38% of Eni's oil by the early 1960s.
FORBES: Companies, People, Ideas
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Obama's decision came after he concluded that world oil markets can be adequately supplied even with a significant portion of Iran's 2.2 million barrels a day declared off limits.
CNN: STORY HIGHLIGHTS
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The other raw material for photosynthesis, carbon dioxide, will be supplied as the exhaust from industrial plants such as power stations, oil refineries and natural-gas processors.
ECONOMIST: Biofuels from algae: Craig's twist | The
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The first occurred in late 2011, when EPA surveyed residents regarding their private wells and reviewed hundreds of pages of drinking water data supplied to the agency by Dimock residents and PDEP, along with records from Cabot Oil and Gas Exploration which had been accused of creating a problem.
FORBES: Promised Land's Fracking Fictions: OPEC Goes Hollywood With Crocudrama