The 100 - year forecast was based
on current consumption rates, about 1.1 billion tons a year.
According to estimates, today's natural gas supplies could meet America's needs for 100 years, based
on the current consumption rate.
Not exact matches
Canada currently supplies over 1/3 of U.S. lumber
consumption and if the
current rate of growth in housing starts continues, the U.S. will need to increasingly rely
on higher - priced imported lumber from outside of North America to fulfill their needs if they impose a quota restriction
on Canadian lumber.
More importantly, says a Harvard study, «The
current rate spread is an important influence
on mortgage choice, as would be implied by a model in which borrowing - constrained households seek low
rates in order to maintain the level of
current consumption, or to increase the size of the house they can buy when constrained by bank limitations
on mortgage interest - to - income ratios.»
«9 Based
on the IEO2006 reference case forecast for coal
consumption, and assuming that world coal
consumption would continue to increase at a
rate of 2.0 percent per year after 2030,
current estimated recoverable world coal reserves would last for about 70 years.»
I wonder how much of that is
on account of high oil prices (the US could bring them down by drilling in the Monterey county Shale deposit, which is estimated to have 3 years of oil for the US at
current US oil
consumption rates), ANWR, off - shore, etc..