Oil Consumption in North America

Currently, the United States consumes 19.6 million barrels per day, of oil, which is more than 25% of the world's total.. As a result, the U.S produces one fourth of the world's carbon emissions. Despite predictions that the U.S. will exhaust it's supply of oil in as little as forty years, the demand is on the increase, and is predicted to continue increasing, because of the ever increasing population. Increase in resource consumption is caused by three factors: population growth, new uses found for a resource, and increase in demand for a resource to increase living standards. The rate of consumption for oil is increasing at a rate of about 2% yearly.