Editing Economy of the United States (section)

===Energy===
[[File:Countries by Natural Gas Proven Reserves (2014).svg|thumb|Countries by [[List of countries by natural gas proven reserves|natural gas proven reserves]] (2014). The U.S. holds the world's fourth largest [[natural gas]] reserves.]]
The US is the second-largest [[energy development|energy]] consumer in total use.<ref>{{cite web|last=Barr |first=Robert |url=https://www.nbcnews.com/id/43327793 |archive-url=https://web.archive.org/web/20200215010044/http://www.nbcnews.com/id/43327793 |url-status=dead |archive-date=February 15, 2020 |title=China surpasses US as top energy consumer – Business – Oil & energy – NBC News |work=NBC News |date=June 8, 2011 |access-date=April 21, 2012}}</ref> The U.S. ranks seventh in energy consumption per capita after Canada and a number of other countries.<ref>[https://web.archive.org/web/20061013182222/http://www.eia.doe.gov/pub/international/iealf/tablee1c.xls World Per Capita Total Primary Energy Consumption,1980–2005] (MS Excel format)</ref><ref>World Resources Institute "[https://web.archive.org/web/20041212020102/http://earthtrends.wri.org/text/energy-resources/variable-351.html Energy Consumption: Consumption per capita]" (2001). Nations with higher per-capita consumption are: Qatar, Iceland, United Arab Emirates, Bahrain, Luxembourg and Canada. Except for Canada, these are small countries with a prominent energy-intensive industry such as oil refining or [[steelmaking]].</ref> The majority of this energy is derived from [[fossil fuel]]s: in 2005, it was estimated that 40% of the nation's energy came from petroleum, 23% [[Coal power in the United States|from coal]], and 23% from natural gas. [[Nuclear power]] supplied 8.4% and [[renewable energy]] supplied 6.8%, which was mainly from hydroelectric dams although other renewables are included.<ref>US Dept. of Energy, "[http://www.eia.doe.gov/emeu/aer/pdf/pages/sec1_3.pdf Annual Energy Report]" (July 2006), Energy Flow diagram</ref>

American dependence on [[List of countries by oil imports|oil imports]] grew from 24% in 1970 to 65% by the end of 2005.<ref>{{cite news|url=https://www.forbes.com/home/energyspecial/2005/11/15/energy-oil-exxonmobil-cx_pt_1116energy_tertzakian.html |archive-url=https://web.archive.org/web/20060214225748/http://www.forbes.com/home/energyspecial/2005/11/15/energy-oil-exxonmobil-cx_pt_1116energy_tertzakian.html |url-status=dead |archive-date=February 14, 2006 |title=The U.S. Senate's Oil Spill |work=Forbes |date=November 15, 2005 |access-date=April 21, 2012 |first=Peter |last=Tertzakian}}</ref> [[Transportation in the United States|Transportation]] has the highest [[Oil consumption|consumption rates]], accounting for approximately 69% of the oil used in the United States in 2006,<ref name="btstable4-3">{{cite web |url=http://www.rita.dot.gov/bts/sites/rita.dot.gov.bts/files/publications/national_transportation_statistics/html/table_04_03.html |title=Domestic Demand for Refined Petroleum Products by Sector |publisher=U.S. [[Bureau of Transportation Statistics]] |access-date=August 23, 2014}}</ref> and 55% of oil use worldwide as documented in the [[Hirsch report]].

In 2013, the United States imported 2.808 billion barrels of [[crude oil]], compared to 3.377 billion barrels in 2010.<ref>"[https://www.census.gov/foreign-trade/statistics/historical/petr.txt U.S. Imports of Crude Oil]". U.S. Census Bureau.</ref> While the U.S. is the largest importer of fuel, ''[[The Wall Street Journal]]'' reported in 2011 that the country was about to become a net fuel exporter for the first time in 62 years. The paper reported expectations that this would continue until 2020.<ref>{{cite news|last=Pleven |first=Liam |url=https://www.wsj.com/articles/SB10001424052970203441704577068670488306242 |title=The Wall Street Journal |date=November 30, 2011 |access-date=April 21, 2012}}</ref> In fact, petroleum was the major export from the country in 2011.<ref>{{Cite news | first=Chris | last=Kahn | title=In a first, gas and other fuels top U.S. exports | url=http://www.floridatoday.com/usatoday/article/52298812?odyssey=mod_sectionstories | archive-url=https://web.archive.org/web/20120311011059/http://www.floridatoday.com/usatoday/article/52298812?odyssey=mod_sectionstories | archive-date=March 11, 2012| newspaper=[[Florida Today]] | location=Melbourne, FL | page= 4A | date=December 31, 2011}}</ref>