Poverty or Prosperity?

It's 1875 and 74% of income was spent on food, clothes, & shelter. 120 years later it's 1995 & onnly13% is spent on essentials for survival. Today it's even less & continues to decline exponentially. 

In the late 1800s 53% of people were in farming to produce enough food to live. No Amazon 2 hour delivery, y'all! 

Since then there has been a 95% drop in climate related death because of products & materials made from petroleum & natural gas especially the combustible engine & electricity. 

You see people used to be killed by the environment. It was HOSTILE to life. Today it still is but we have a way to fight back. 

Today 3% are farming & family members don't need to drop out of school to work the fields. 

Think clean water - 4 billion people don't have access to it in the world because they neither have electricity to run pumps nor the facilities to purify & distribute.  

Life span in 1900 was 40 today it's 79. Just about DOUBLED. 

Medical supplies, pharmaceuticals, & daily living products are NOT possible without oil & gas based products.

There are over 6,000 products made from Oil & Gas.

In the 1950s a household was considered wealthy if they had one vehicle & a color television. Today most homes have 3 vehicles, 4 televisions, 4 mobile phones, 4 computers/tables, 10 kitchen devices, 6 bathroom amenities, not to mention AC, water heater, that need stable & affordable electricity.

Simply put Oil & Gas are everywhere. It's living matter for living people.

California and Texas both account for 24% of all BTU (British Thermal Units) in the USA. BTU are the de facto measurement of energy. 

The are the very essence of life. 

Each year the USA consumes 100 quad trillion BTUs. 

 

Product

Oil is 37%

Natural Gas is 32%

Coal is 8%

Nuclear is 8% 

Renewable is 8%

 

Sector

Industrial is 33%

Transport is 28%

Residential is 21%

Commercial is 18%

 

There is a direct correlation between quality of life & BTUs. 

Wind & Solar simply can't give the same output in term of BTUs that Oil, Gas, & Coal have been doing for 140 years. 

 

Next Up - Opec & War 

Sources