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U.S. Dependence on Foreign Oil Worsens Under Administration's Energy Policies
House Committee on Government Reform Special Investigations Division
House Committee on Government Reform
Special Investigations Division
Abstract
The Special Investigations Division of the House Committee on Oversight and Reform investigate the United States' dependence on oil, exploring the economic, environmental, and national security implications. It discusses the increasing reliance on foreign oil, with demand projected to grow significantly, and imports expected to rise by 86% by 2025. Domestic oil production, on the other hand, is projected to decrease. The report criticizes the administration's proposals, especially the H.R. 6 energy legislation, for being ineffective in addressing this dependence, as it foresees a substantial increase in foreign oil reliance despite these measures.
Date
2004-06-14
Document Type
House Minority Staff Report
Serial Number
Document Length
14 pages
Congress
108
Relation
DOI
Keywords
Staff Reports
PAP Major Code
8: Energy
PAP Minor Code
803: Natural Gas and Oil (Including Offshore Oil and Gas)