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May 13, 2005

PREDICTION - USA - SECRETARY of Energy Remarks for 21st Century Truck Event

USA -i.Newswire -2005-05-11: -- As many of you know, U.S. highway transportation is over 97 percent dependent on petroleum for its energy, with about one-quarter consumed by heavy-duty vehicles. Over half of our petroleum is imported, which impacts our security and balance of payments deficit. Without significant technology development, our Department is forecasting that heavy truck petroleum use will increase by 40 percent by 2020 and will double by 2050 relative to today...

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