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More than five billion tons of petroleum reserves and 2.6 trillion cubic meters of natural gas were discovered between 2008 and 2011, Xinhua said.
The DTE Chicago Fuels Terminal adjacent to the site is already expanding to handle up to 6,000 tons of petroleum coke a day from BP's oil refinery in Whiting, Ind.
The terminals, all located in Texas, are expected this year to handle 10 million tons of petroleum coke, a residue from crude-oil refining used as a fuel for power generation and cement kilns.
The threats to the environment include five million tons of petroleum products barged every year on the Great Lakes, Mr. Barratt said, and "one million boats, personal watercrafts, and guess what's used to propel them?" "I'm not going to build a condo with sewage discharge in the water," he said.
The offset printing industry consumes 1 million tons of petroleum products and emits 500,000 tons of volatile organic compounds every year.
A NASA estimate found that roughly 6 million tons of petroleum products enter the world's oceans every year, or 0.25% of total world oil production.
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For algae-derived biodiesel with a yield of 850 GJ/ha/year, to replace the total production of 748 million tons of petroleum-derived diesel in 2009, a land mass of around 57.3 million ha would be required.
Approximately 10 15 million tons of petroleum-based oleochemicals enterthe biosphere every year, and approximately 40% come from spills, industrial and municipal waste, urban runoff, refinery processes, and condensation from marine engine exhaust.
It established its own petroleum industry from almost scratch and extracted 160 million tons of crude oil from mainland oil deposits in 2000.
In 2004, the tanker industry transported 2.08 billion metric tons of crude oil and 0.61 billion metric tons of refined petroleum products.
In 2007, the total primary energy consumed was 11.4 million tons of oil equivalent (MTOE) with petroleum products having the largest share of 67.3% of the total consumption, amounting to a total average consumption of 78.7% between 2002 and 2007.
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