Energy survey shows Americans are misinformed on key issues

28-06-07

At a time when millions of Americans are focusing on energy issues and policies, a new survey finds that most US adults have a fundamental lack of knowledge regarding energy demand and supplies and the role of America's oil and natural gas companies. In fact, when presented with 20 multiple choice questions, on average more than 25 % of respondents said they were "not sure," and in many cases people chose the response that is farthest from the correct answer.
"Americans are concerned about energy issues, but they know very little about where energy comes from, what it takes to get it to market and the challenges the energy industry faces to meet growing demand," said Jim Hoskins, Ph.D., senior vice president for Harris Interactive, which conducted the survey. "This survey shows that when it comes to important energy questions, the public is not just uninformed, they are misinformed."

"The results of this survey clearly show that we need to do a better job of communicating with people about the realities of global energy markets and our industry," said Red Cavaney, American Petroleum Institute’s (API's) president and CEO.
"Our companies are committed to sharing our perspectives on energy issues with policymakers and the public, in the hope that by increasing understanding we all can work together to enact policies that ensure a reliable, sustainable energy future now and for generations to come."

API commissioned the online research by Harris Interactive of 1,333 Americans between May 29 and June 4, 2007. Among the survey's key findings:
-- Those surveyed greatly overestimate the amount of oil the United States imports from the Middle East.
-- When asked which country was the largest US supplier of oil, almost 60 % chose Saudi Arabia, which is actually the fifth largest supplier, after Canada, Mexico, Nigeria and Venezuela. Only 1 in 10 people correctly identified Canada as the largest supplier to the United States.
-- Only 8 % correctly noted that less than 15 % of the oil the United States consumes comes from Persian Gulf countries; just over one-quarter of people pegged the figure between 46 and 60 % -- three to four times higher than the actual figure.
-- Americans seriously overestimate the size of US oil and natural gas companies relative to competing companies that are owned by foreign governments.
-- When asked "What percentage of the world's 10 biggest oil and natural gas companies are owned and operated by foreign governments?," only 2 % of respondents knew that all of the top 10 companies fall into that category.
-- Similarly, only 8 % knew that ExxonMobil, the largest US oil and natural gas company, was not among the top 10 largest oil reserve holders. More than 1 in 3 people (36 %) thought ExxonMobil was among the top three largest companies.
-- The public underestimates the continued importance of fossil fuels in meeting global energy demand in the next 25 years, and overestimates the impact renewable sources will have in meeting that demand.
--While the International Energy Agency projects that 81 % of global energy demand in 2030 will be met by fossil fuels like oil, natural gas and coal, only 14 % of respondents chose this answer. The majority thought it would be 61 % or less.
-- While the US Energy Information Administration projects that less than 10 % of US energy use will be supplied by renewable sources in 2030, only 5 % of respondents chose this answer. More than one in three people (34 %) thought renewable sources would account for 20 % or more.
-- People overestimate the profits of US oil and natural gas companies and have very little understanding of the significant investments these companies are making in emerging energy technologies.
-- On profits, 42 % of respondents guessed that the industry earned between 16 and 20 cents on every dollar of gasoline sales in 2006. In fact, the industry earned 9.5 cents -- a choice (6 to 10 cents) selected by only 14 % of respondents.
-- On investments, only 7 % correctly estimated that US oil and natural gas companies invested almost $ 100 bn in emerging energy technologies in North America alone between 2000 and 2005. More than one third estimated less than $ 25 bn, the lowest possible choice.

Interviewing:

Respondents:
-- 1,333 US Adults, Ages 18+

Margin of error:
-- With a pure probability sample of 1,359 one could say with a 95 % probability that the overall results would have a sampling error of +/- 3 percentage points. Sampling error for data based on sub-samples would be higher and may vary. However, that does not take other sources of error into account. This online survey is not based on a probability sample and therefore no theoretical sampling error can be calculated.
For complete text of the survey and more information -- including survey methodology -- please go to http://www.energytomorrow.org/.
 

 

Source: www.downstreamtoday.com / American Petroleum Institute