America's Addiction To Plastic

With oil prices surging to almost $120 a barrel on Friday April 25th, 2008 the sky is certainly looking like the limit. There are analysts and speculators that are now saying they don’t feel that $200 a barrel oil is unrealistic at this point. It’s definitely easy to question who is making money here, who is laughing all the way to the bank as the price rises and who might be responsible for the meteoric price rise in the barrel of oil. An unfortunate truth to who is helping the price levels stay high could be looking back at you in the mirror.

Even the U.S. Congress is scrutinizing oil company profits and refinery production in light of the supply and demand issues that seem apparent in the oil industry. Americans often want to point their fingers at the same culprits. As much as the oil companies, a growing global economy and wars are to blame for the oil price increases but consumer consumption of plastic products is also a culprit in keeping oil prices high and environment issues shaky.

The most reliable statistics from the Pacific Institute put America’s love affair with water bottles at 31.2 billion liters of water in 2006. Due to negative press on the possible health effects of the use, most people are aware water bottles are sold in polyethylene terephthalate (PET) bottles. In order to manufacture these bottles over 900,000 tons of plastic is needed. The mainstream manufacturing process that produces PET bottles requires a combination of natural gas and petroleum. The petroleum requirement is where the statistics show that America’s obsession could be hurting their wallets at the gas pump.

Bottom line, the production of 31.2 billion liters of water for the U.S. bottled water market took roughly 17.6 million barrels of oil. The calculation is explained in more detail at the Pacific Institute’s information page under the energy requirements for plastic bottles. The simple break down is 3.4 megajoules of energy to produce a water bottle, cap and packaging with a barrel of oil producing about 6 thousand megajoules. Taking those numbers into account you arrive at 17.6 million barrels of oil, enough oil to run 1.5 million cars on U.S. roadways for an entire year.

more at the link.