Energy C2C Create 2 Consume

India – The Quiet Energy Elephant

According to the Energy Information Administration (EIA) of the United States Department of Energy, in 2009, India was the fourth largest consumer of energy in the world.

According to 2007 statistics, a breakdown of India's energy consumption by method finds coal and peat as the source for 40.8% of energy consumed, combustible renewables and waste at 27.2%, oil at 23.7% and natural gas at 5.6% . Nuclear (0.7%) and hydro-electric (1.8%) fall far behind.

Approximately 400 million people have no access to electricity in any form; urban residents have 93% access and rural residents have 50% access on average.

According to the BP Statistical Review of World Energy 2010, at the end of 2009, India's oil reserves totalled 5.8 billion barrels, the second largest in the Asia Pacific region after China at 14.8 billion barrels. India's share of the total world oil reserves is 0.4% compared to its 15% share of the world's population.

India's oil reserves are primarily found in its offshore fields, the largest being Mumbai High located 160 kilometres west of Mumbai.

http://viableopposition.blogspot.com/2010/09/india-quiet-energy-elephant.html

Oil industry study: Wider drilling would add 1 million jobs

A study commissioned by a major oil-industry lobbying group finds that federal policies to expand oil-and-gas development could add 1.1 million U.S. jobs over the next decade and bring in $36 billion in federal revenues by 2015.

Taken together, Wood Mackenzie estimates these steps would create roughly 1.1 million jobs by 2020, and produce an additional 1.27 million barrels of oil-equivalent (boed) per day by 2015 and 4.19 million boed in 2020.

http://thehill.com/blogs/e2-wire/677-e2-wire/179823-oil-industry-study-wider-drilling-would-add-1-million-jobs