Justin Trebitowski: US Addiction to Oil

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Justin Trebitowski: US Addiction to Oil

  1. 1. United States: Addiction to Oil By: Justin Trebitowski November 19, 2008
  2. 2. Abstract <ul><li>Two major issues </li></ul><ul><li>-Current addiction to foreign oil </li></ul><ul><li>-Lack of alternative fuels </li></ul>
  3. 3. Introduction <ul><li>Frameworks </li></ul><ul><li>- Path Dependency </li></ul><ul><li>-Technological Momentum </li></ul>
  4. 4. Case-Oil Industry <ul><li>Poses as a threat to earth and the environment </li></ul><ul><li>Financially crippling to Middle East </li></ul><ul><li>US is dependent on oil </li></ul>
  5. 5. Analysis-Dependency <ul><li>“ United States consumes almost 20 million barrels of petroleum annually” (Parry and Darmstradter 2003) </li></ul><ul><li>“ Each day America is responsible for consuming 25% of the world’s available oil production” (Coyle 2008) </li></ul><ul><li>“ America holds only 5% of the world’s population” (Coyle 2008) </li></ul>
  6. 7. Conclusion <ul><li>Technological Momentum </li></ul><ul><li>Path Dependency </li></ul>

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