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Originally Posted by Mr Mephisto
Well, according to the National Council for Science and the Environment (NCSE), it is was only 4.4%
The NCSE is "[s]upported by over 500 academic, scientific, environmental, and business organizations, and by federal, state and local government..."
This figure came from a CRS Report for Congress - IB87050: Strategic Petroleum Reserve by Robert Bamberger, Resources, Science, and Industry Division on August 2, 2001.
http://www.ncseonline.org/NLE/CRSrep...rgy/eng-23.cfm
Mr Mephisto
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You're reading the information in the link you provided incorrectly.
The chart where you picked 4.4% is the proportional amount of oil imported into the reserves. Not the proportional total amount of imported oil. What the chart is showing you is that most of the Saudi oil is not placed in the reserves. It is also a 20 year average chart (1975 - 1995).
Quote:
Table 1 summarizes the number of sources that provided oil for the Reserve from the program's inception until the end of 1995.
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