United States of America
Guy Caruso
The United States uses roughly 20 million barrels of oil a day, making it the world’s largest oil consumer. It also produces around 8 million barrels of oil a day and has nearly 22 billion barrels of oil in proven reserve. Guy Caruso has served as the administrator for the U.S. Department of Energy’s Energy Information Administration (EIA), an independent statistical and analytical agency, since February 2002. The following is excerpted from his testimony before the Senate Committee on Commerce, Science, and Transportation on September 21, 2005.Even before Hurricane Katrina struck, crude oil and petroleum product prices were setting records….
