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article imageAmerican fuel distributor shows $380 billion leaving U.S. economy

By Megan Morreale     Feb 7, 2014 in Environment
AMERIgreen fuel provider released an infographic that shows $380 billion leaving the U.S. economy in 2012 because of foreign fuel consumption.
The fuel company sells 100 percent domestically-produced petroleum, bio-fuels, natural, electricity and propane to distributors. In a demonstration of how they are trying to help the U.S. economy, they released an infographic detailing how money spent on foreign fuel compare to major domestic issues such as the Iraq war, the 2009 stimulus package and the trade deficit.
"We wanted to create an engaging way to educate the public about the importance of 100% American Fuel," AMERIgreen President Steve McCracken said. "Most people do not know they have a choice when selecting where their fuel comes from, and that their choice helps support the American economy, creates American jobs, and increases American energy security."
For every dollar spent on foreign oil in America, $0.60 cents leaves the economy, ending in a huge bank difference at the end of each year. That $380 billion dollars AMERIgreen claims the U.S. has lost could have funded half of the stimulus bill or half of the Iraq war.
According to AMERIgreen, if that money had stayed in the U.S. it could have generated $1 trillion in new economic activity and created 3 million new jobs.
AMERIgreen's statistics came from a compilation of data from Fuels America, the White House and others.
AMERIgreen infographic.
AMERIgreen infographic.
More about Fuel, America, american fuel, amerigreen, Fuel consumption
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