Tag: Nigeria

The Worst Places in the World to be a Kid

In this infographic, we take a look at some places around the world where children don’t have access to the basic necessities that we took for granted growing up in decades past, and yet in the 21st century many services still don’t reach the impoverished, especially in areas marked by ongoing violence.

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U.S. Trade Partners Around The Globe [Infographic]

U.S. Trade Partners Around The Globe

The trade partnerships of the United States are a vital part of its economic prosperity and growth. Here are some of these trade relationships quantified in U.S. dollars, showing the amount of goods exchanged internationally throughout most of 2009.

Trade Partners That Have a Deficit of Goods Exchanged

The U.S. has a deficit of $21.2 billion in its trade with Mexico. The U.S. has a deficit of $6.1 billion in its trade with Russia. The U.S. has a deficit of $8.6 billion in its trade with Canada. The U.S. has a deficit of $6.6 billion in its trade with Italy. The U.S. has a deficit in its trade with Germany that represents $11.5 billion. The U.S. has a deficit of $103.1 billion in its trade with China. The U.S. has a deficit in its trade with Japan worth $18 billion. The U.S. has a deficit of $7.1 billion in its trade with Venezuela. The U.S. has a deficit in its trade with Ireland of $10.6 billion. The U.S. has a deficit of $4.6 billion in its trade with Nigeria.

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Source : http://www.visualeconomics.com

Oil imports to the us

Since federal limitations on domestic oil production in the 1980s, there has been a steady decline in US production. By 1994, the US was importing more than its total domestic production. Restrictions on supply help to drive up prices and unnecessarily contribute to US reliance on foreign oil.

 

As much as 66 percent of all US crude oil is imported from other countries, and the amount of oil imported from OPEC nations is roughly equal to the amount of oil produced domestically. Petroleum, natural gas and coal are the primary sources of energy consumed in the United States because they are the most energy rich resources available. So far, renewables have only been capable of providing a small portion of total energy consumption, and their contribution to energy consumption has remained limited over the last two decades. However, with increasing government and private focus on green energy sources, renewables are likely to go from strength to strength in the near future.

Just how reliant is the US on foreign oil infographic

 

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