US Oil production is climbing back up after a long 40 year decline
Net Imports in 2009 and the first month of 2010 are back to the levels of 1999-1999 and heading towards 1997 levels. Net Imports of oil kept increasing until 2005 and have been declining since that time.
Field production including crude oil and natural gas liquids is back to 2003 -2004 levels.
There will be more Bakken Oil production this year. Perhaps 100,000-200,000 barrels of oil per day increase. There will be more oil from Gulf of Mexico oil.
Renewable fuels and oxygenate plant net production which is over 800,000 barrels per day is ethanol and biofuel. This category will continue to climb and the department of Energy is trying to double current ethanol and biofuel production in the 2015-2020 timeframe.
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He gave the recent keynote presentation at Monte Jade event with a talk entitled the Future for You. He gave an annual update on molecular nanotechnology at Singularity University on nanotechnology, gave a TEDX talk on energy, and advises USC ASTE 527 (advanced space projects program). He has been interviewed for radio, professional organizations. podcasts and corporate events. He was recently interviewed by the radio program Steel on Steel on satellites and high altitude balloons that will track all movement in many parts of the USA.
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