Michael Moore on the Late Show

Originally posted by Undertoad
60% is the percentage of oil used by the US that is imported.

All the numbers fit together. Math is hard

Not especially. Here is the direct quote from the DOE:

"The growing dependence of the United States
on foreign sources for its liquid fuels has significant
strategic and economic implications.
The United States has been a net importer of
oil for more than 50 years, and today, imports
nearly 60 percent of its liquid hydrocarbon
needs (Figure 1). The U.S. Department of Energy
(DOE) projects that U.S. imports may
double, to 19.8 MMBbl/D by 2025. By then
imports will exceed 70 percent of demand, the
vast majority coming from Organization of
Petroleum Exporting Countries (OPEC). As
imports rise, America’s vulnerability to price
shocks, disruptions, and shortages will also
increase....
Is increasing dependence on
OPEC oil in the best long-term interests of the
United States?
Adding urgency
to these questions is the indication
that world oil production may peak
sooner than generally believed, accelerating
the onset of inevitable competition among
consumers (and nations) for ever-scarcer oil
resources.


A major part of the world’s future oil supply
must come from OPEC sources, principally
Saudi Arabia. Saudi Arabia has been able to
maintain a production capacity of about 10
million barrels per day. The Saudi productive
capacity is projected by EIA to nearly double,
increasing to 19.5 million barrels per day by
2020 (Ref. 9, page 235). It is not now apparent,
however, that adequate investments are
being made in the Saudi fields to double oil
production by 2020."