<P> While petroleum is also used as a source for plastics and other chemicals, and powers various industrial processes, today two - thirds of oil consumption in the U.S. is in the form of its derived transportation fuels . Oil's unique qualities for transportation fuels in terms of energy content, cost of production, and speed of refueling all contributed to it being used over other fuels . </P> <P> In June 2010, the American Energy Innovation Council, a group which includes Bill Gates, founder of Microsoft; Jeffrey R. Immelt, chief executive of General Electric; and John Doerr, has urged the government to more than triple spending on energy research and development, to $16 billion a year . Gates endorsed the administration's goal of reducing greenhouse gas emissions by 80 percent by 2050, but said that was not possible with today's technology or politicism . He said that the only way to find such disruptive new technology was to pour large sums of money at the problem . The group notes that the federal government spends less than $5 billion a year on energy research and development, not counting one - time stimulus projects . About $30 billion is spent annually on health research and more than $80 billion on military research and development . They advocate a jump in spending on basic energy research . </P> <Table> Energy in the United States <Tr> <Th> </Th> <Th> Population (million) </Th> <Th> Prim . energy (TWh) </Th> <Th> Production (TWh) </Th> <Th> Import (TWh) </Th> <Th> Electricity (TWh) </Th> <Th> CO-emission (Mt) </Th> </Tr> <Tr> <Td> </Td> <Td> 294.0 </Td> <Td> 27,050 </Td> <Td> 19,085 </Td> <Td> 8,310 </Td> <Td> 3,921 </Td> <Td> 5,800 </Td> </Tr> <Tr> <Td> 2007 </Td> <Td> 302.1 </Td> <Td> 27,214 </Td> <Td> 19,366 </Td> <Td> 8,303 </Td> <Td> 4,113 </Td> <Td> 5,769 </Td> </Tr> <Tr> <Td> 2008 </Td> <Td> 304.5 </Td> <Td> 26,560 </Td> <Td> 19,841 </Td> <Td> 7,379 </Td> <Td> 4,156 </Td> <Td> 5,596 </Td> </Tr> <Tr> <Td> 2009 </Td> <Td> 307.5 </Td> <Td> 25,155 </Td> <Td> 19,613 </Td> <Td> 6,501 </Td> <Td> 3,962 </Td> <Td> 5,195 </Td> </Tr> <Tr> <Td> </Td> <Td> 310.1 </Td> <Td> 25,776 </Td> <Td> 20,056 </Td> <Td> 6,205 </Td> <Td> 4,143 </Td> <Td> 5,369 </Td> </Tr> <Tr> <Td> 2012 </Td> <Td> 312.0 </Td> <Td> 25,484 </Td> <Td> 20,757 </Td> <Td> 5,322 </Td> <Td> 4,127 </Td> <Td> 5,287 </Td> </Tr> <Tr> <Td> 2012R </Td> <Td> 314.3 </Td> <Td> 24,895 </Td> <Td> 21,009 </Td> <Td> 4,360 </Td> <Td> 4,069 </Td> <Td> 5,074 </Td> </Tr> <Tr> <Td> 2013 </Td> <Td> 316.5 </Td> <Td> 25,451 </Td> <Td> 21,876 </Td> <Td> 3,586 </Td> <Td> 4,110 </Td> <Td> 5,120 </Td> </Tr> <Tr> <Td> Change 2004 - 2010 </Td> <Td> 5.5% </Td> <Td> - 4.7% </Td> <Td> 5.1% </Td> <Td> - 25.3% </Td> <Td> 5.7% </Td> <Td> - 7.4% </Td> </Tr> <Tr> <Td_colspan="7"> Mtoe = 11.63 TWh>, Prim . energy includes energy losses that are 2 / 3 for nuclear power <P> 2012R = CO2 calculation criteria changed, numbers updated </P> </Td> </Tr> </Table> <Tr> <Th> </Th> <Th> Population (million) </Th> <Th> Prim . energy (TWh) </Th> <Th> Production (TWh) </Th> <Th> Import (TWh) </Th> <Th> Electricity (TWh) </Th> <Th> CO-emission (Mt) </Th> </Tr>

As of 2012 how would you characterize us consumption of petroleum compared to production
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