| In 2008 we Imported a RECORD $308 BILLION dollars of Crude Oil into this Country up from $32 Billion in 1998.. 962.5% increase.. ( https://www.census.gov/foreign-trade/statistics/historical/petr.pdf )
| U.S. Imports of Crude Oil and Petroleum Products (Thousand Barrels) | | |
| Decade | Year-0 | Year-1 | Year-2 | Year-3 | Year-4 | Year-5 | Year-6 | Year-7 | Year-8 | Year-9 |
|---|
| 1980's | | 2,188,420 | 1,866,358 | 1,843,744 | 1,989,935 | 1,849,508 | 2,271,582 | 2,437,359 | 2,709,140 | 2,942,099 | | 1990's | 2,926,395 | 2,783,763 | 2,886,897 | 3,146,454 | 3,283,621 | 3,224,753 | 3,469,128 | 3,708,970 | 3,908,446 | 3,961,074 | | 2000's | 4,194,086 | 4,333,038 | 4,208,538 | 4,476,501 | 4,811,104 | 5,005,541 | 5,003,082 | 4,915,957 | 4,726,994 | 4,267,110 | | 2010's | 4,304,533 | 4,174,210 | 3,878,852 | 3,598,454 | 3,372,904 | 3,448,734 |
Crude oil was the largest single U.S. import by value among all goods in 2013, as it has been for many years. Crude oil and petroleum products hold a dominant share of U.S. energy trade, relative to other energy commodities such as natural gas, coal, nuclear fuels, and electricity.
( http://www.eia.gov/todayinenergy/detail.php?id=15131 )
Cellulosic was an "All Hands on Deck" attempt to solve our nations energy needs RIGHT NOW!! during this period.. As energy prices have backed off we can take more measured steps to detemine if Cellulosic has a future or Earthquakes in Oklahoma are going to continue...???
DECEMBER 2, 2016 Synata Bio wins auction for Abengoa’s last US ethanol assets( http://biofuels-news.com/display_news/11459/synata_bio_wins_auction_for_abengoas_last_us_ethanol_assets/ )
Synata Bio, a newly formed Illinois energy company, has won the auction to purchase Abengoa Bioenergy’s Kansas cellulosic ethanol plant for $48.5 million (€45.5m). With its final offer, Synata outbid Shell Oil Company’s $40.8 million offer by nearly $8 million, according to court documents.
During the Crude Oil price spike about a decade ago.. we were dependent upon Crude Oil Imports.. exceeded $300 BILLION per year.. in 2008 |
Ethanol.
