The production and consumption of energy is a fundamental human practice. Energy is the cornerstone of industrialized civilization. Energy powers everything—machinery in factories, transportation, communications, utilities systems, as well as things that provide the comforts of daily living from television, air conditioning, kitchen appliances, etc. The whole of the economy is contingent on the production of energy; hardly any good or service would be available—at least not as it is now—without the energy put forth toward its production or energy necessary in stores (especially megastores) that enable commerce. It even takes energy to move goods from one place to another.
America has become so accustomed to the conveniences provided by abundant and seemingly unlimited energy that we have taken them for granted. No matter how many air conditions are plugged in on a given day, the local electric company could supply enough energy to run them all. No matter how many cars are on the road, there will be enough gasoline to fuel them all. The American economy in recent decades boomed on energy. From coal to oil, Americans exploited these resources and without really noticing became energy gluttons. Accounting for less than 10% of the global population, the United States consumes about one third of all energy consumed globally. Read the rest of this entry »