Went to HIFF (honolulu film festival) last night and saw a couple flicks. The local fixie crowd showed up to watch to live and ride in LA so I got pix of the piles of bikes, but we didn't actually see that flick.

We saw Bill Cunningham New York first, which in a way is a bicycle film since he goes everywhere in New York on a bicycle. The film was really good. Clearly a lot of research. I recommend it if your interested in either photography or fashion.

The second film we saw was one kine day, a local film made on the windward side of Oahu. I really enjoyed it. Some of the photography was not quite top notch, but the story was good and down to earth. The crowd was good fun, and there was a Q&A at the end.

Grace Park of Hawaii Five-O was sitting a couple rows ahead of us. I like Hawaii Five-O, but was thinking that it would be really good for the show if as many people as possible involved in the creation of that show would watch this movie.

This graph shows fairly clearly why offshore oil production is 30% of U.S. oil production.  It's because total U.S. oil production has been in decline since its peak in '69 (or the second peak in '84, take your pick).

The data for this graph is taken from the U.S. Energy Information Administration (www.eia.doe.gov).  In particular:

• http://tonto.eia.doe.gov/dnav/pet/hist/LeafHandler.ashx?n=PET&s=MCRFPUS2&...
• http://tonto.eia.doe.gov/dnav/pet/hist/LeafHandler.ashx?n=PET&s=MCRFP3FM2...
• http://tonto.eia.doe.gov/dnav/pet/hist/LeafHandler.ashx?n=PET&s=MCRFP5F2&...
• http://tonto.eia.doe.gov/dnav/pet/hist/LeafHandler.ashx?n=PET&s=M_EPC0_FP...
• http://tonto.eia.doe.gov/dnav/pet/hist/LeafHandler.ashx?n=PET&s=MCRIMUS2&...

I'm using total U.S. oil production + imports as a proxy for total consumption, which I'm sure is wrong.  The real consumption/production balance is difficult to figure out since the imports and exports are in many different forms.

The main page there says that our "Dependence on Net Petroleum Imports" is 57%.  This means that more than half of our petroleum needs are met by foreign oil.

Roughly speaking, 33% (the share of our oil production from offshore drilling) of 43% (the percentage of our oil needs that we meet by our own production) is 14.2%.  

All our offshore oil production accounts for less than 15% of our oil consumption.

The price of oil is based on global production.  Global oil production is 85,472,000 barrels/day, while all the U.S. offshore oil production is 1,700,000 barrels/day.  This means that all our offshore production accounts for less than 2% of global oil production.