Transportation, not electricity, is the source of oil’s importance: since the 1970s, the U.S. has weaned its power sector off of oil. Today only one percent of U.S. electricity is generated from oil and only one percent of U.S. oil demand is due to electricity generation. Thus expansion of electricity generation from solar, wind, nuclear, …
Continue reading “Oil fact – 99% of U.S. electricity generation does NOT come from oil”