Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

In about 2005, the American Petroleum Institute (API)suggested that within the U.S. alone, there was sufficient oil (117billion barrels) to supply 60 years of gasoline

In about 2005, the American Petroleum Institute (API)suggested that within the U.S. alone, there was sufficient oil (117billion barrels) to supply 60 years of gasoline for 65 millioncars. Is this a reasonable solution for the United Statestransportation energy needs?

A. No, because there are actually more than 240 million cars andSUVs in the United States (i.e., in 2005 there were about 240million vehicles whereas today there are 260 million).

B. No, because the API is a lobbying agency which is known tospread false information.

C. Yes, because within 50 or 60 years, we will have createdviable renewable energy sources for transportation.

D. Yes, because the U.S. actually does have well over 100billion barrels of oil still unused in various rock formations,which is sufficient for our daily needs over the next 60 years.

Step by Step Solution

3.31 Rating (151 Votes )

There are 3 Steps involved in it

Step: 1

The detailed answer for the above question is provided be... blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Intermediate Accounting

Authors: James D. Stice, Earl K. Stice, Fred Skousen

16th Edition

324376375, 0324375743I, 978-0324376371, 9780324375749, 978-0324312140

More Books

Students also viewed these American History questions