American energy for america s future
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American Energy for America’s Future. A Town Hall Discussion With Congressman Jack Kingston. 25. 3. 60. Where’s the Oil?. The World According to Oil. Where is it going?. What are we doing with it?. What are we doing about it?.

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American energy for america s future

American Energy for America’s Future

A Town Hall Discussion

With

Congressman Jack

Kingston


American energy for america s future

25


American energy for america s future

3


American energy for america s future

60


Where s the oil

Where’s the Oil?


The world according to oil

The World According to Oil


Where is it going

Where is it going?


American energy for america s future

What are we doing with it?


What are we doing about it

What are we doing about it?


World oil market and oil price chronologies 1970 2004

World Oil Market and Oil Price Chronologies:1970 - 2004


American energy for america s future

Sources: USAToday, Reuters & Yahoo Finance

Microsoft (31.6 %)

Pfizer (23.5 %)

McDonald’s (12 %)

Exxon Mobil (9.4 %)

Disney (8.9 %)

BP (8.4 %)

Starbucks (7.8%)

Conoco Phillips (6.9%)

0 2 4 6 8 10 12 14 16 18 20 22 24 26 28 30

How Oil Company Profits Compare to Other Business Profits in 2006


American energy for america s future

What has Congress done?


American energy for america s future

What can we do now?


American energy for america s future

Methanol fueled Indy 500 race car


American energy for america s future

All you need is an extension cord…


Petroleum displacement

Petroleum Displacement

Annual Gasoline Savings of 477 Gallons/Year(Assumes 11,000 miles/year*)

E85 FFV on E8512 mpg(EPA Adjusted Combined)

E85 FFV on Gasoline16 mpg(EPA Adjusted Combined)

* Personal Transportation Study - Oak Ridge Nat. Lab Data Book


Petroleum displacement1

Petroleum Displacement

Annual Gasoline Savings of 94 Gallons/Year(Assumes 11,000 miles/year*)

Hybrid Compact Car48 mpg(EPA Adjusted Combined)

Compact Car 34 mpg(EPA Adjusted Combined)

* Personal Transportation Study - Oak Ridge Nat. Lab Data Book


American energy for america s future

Who actually gets better MPG of Gasoline? The new Tahoe or the Prius?

’07 Tahoe - Gasoline ’07 Tahoe – E85 ’06 Prius – Hybrid

MPG (Fuel) 21 MPG 17 MPG 55 MPG

MPG (Gasoline) 21 MPG 113 MPG 55 MPG

Memo:

Miles per Tank 550 miles 460 miles 660 miles

of Fuel 21 MPG 17 MPG 55 MPG

E85 Fuel – up to 20% shorter cruising range


American energy for america s future

There are over 46 models (1 million vehicles) of flexible fuel, hybrid and advanced diesel cars and trucks available right now!

2 million cars per year by 2008!


American energy for america s future

E85 Fueling Facilities


Fuel choices for american security act h r 4409

Fuel Choices for American Security ActH.R. 4409


Provide incentives for vehicle choices for the 21st century

Provide Incentives for Vehicle Choices for the 21st Century

  • Double the tax credit for consumers who purchase the most advanced available flexible fuel hybrid electric vehicles that dramatically reduce oil consumption

  • Remove the 60,000 vehicle cap on the hybrid tax credit to encourage broad market penetration

  • Add new $300 tax credit to speed introduction of flexible fuel vehicles

  • Establish 5 year goal for market wide flexible fuel vehicle introduction-- similar to earlier airbag introduction

  • Establish a program to test and inform consumers about tire fuel efficiency which can improve overall vehicle efficiency by 3-4%


American energy for america s future

  • Establish programs and incentives to encourage research and production of near term vehicle efficiency technologies, lightweight materials, and advanced technology motor vehicles

  • Provide incentives and requirements for the conversion of private and federal vehicle fleets

  • Establish a program of initial fuel efficiency for new heavy duty trucks and incentives to install auxiliary power units to reduce truck idling

  • Encourage similar efforts to reduce school bus idling

  • Reform CAFÉ standards to focus on miles per gallon of gasoline instead of miles per gallon of fuel – flexible fuel vehicles can already reach over 100 miles per gallon of gasoline by using E-85 fuels


American energy for america s future

Expand Consumer Fuel Choices for the 21st Century

  • Set a national goal “E10 in 10” – to expand the use of Ethanol for transportation fuel to 10% of total domestic consumption by 2015.

  • Set a national goal of “20% in 20 years” – to expand the use of all alternative transportation fuels to 20% of domestic consumption by 2025; which might include Ethanol produced from corn, sugar and other cellulosic agricultural products and waste products, Methanol and alternative diesel fuel produced from coal or agricultural products, Hydrogen or electricity

  • Require plan to meet goals of not less than 50% renewable and 50% domestic resources


American energy for america s future

  • Remove all tariffs on imported ethanol used for liquid transportation fuel – we don’t tax Middle Eastern oil why tax Brazilian Ethanol?

  • Provide incentives to continue research and industrialize new technologies which will bring fuel choice to the consumer

  • Increase incentives to provide alternative fueling distribution properties.


American energy for america s future

The End


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