The U.S. consumes 19 million barrels of oil a day, making it the world’s largest petroleum user.
Although the U.S. is the world’s third largest petroleum producer, it still imports 60% of its oil from foreign countries.
Reducing U.S. dependence on foreign oil by promoting fuel economy and addressing climate change through reductions in emissions have become national priorities.
Transforming the Nation’s automobile transportation system from one based on gasoline to one based on electricity by developing more fuel efficient vehicles with lower emissions will have a significant positive impact towards achieving those objectives.


