With gas prices soaring out of control in many countries, and all the talk of peak oil, etc...
I thought I would make a thread discussing some of the prices of gas in some foreign countries for your comparison. Then the thread started taking on
a mind of its' own.
Venezuela: World's Cheapest Per Gallon Gas. $0.18 per gallon (or $0.05 per liter.)
Saudi Arabia: $0.48 per gallon (or $0.13 per liter.) - SA spends $13.3 Billion in subsidies to keep its domestic oil cost down.
Libya: $0.54 per gallon (or $0.14 per liter.) - Don't worry, this price will go up as soon as we get boots on the ground there.
Turkmenistan: Free. Yes... Free. Citizens are GIVEN 34 gallons of gas per month. Free. If they go through that though, it's $0.72 per gallon (or $0.19
Bahrain: $0.78 per gallon (or $0.21 per liter.)
Kuwait: $0.84 per gallon (or $0.22 per liter.)
Qatar: $0.90 per gallon (or $0.24 per liter.) - Qatar also boasts the highest GDP per capita in THE WORLD. The figure last year was $103,000. Not
bad... In contrast, the USA ranks in at 7th... with a GDP per capita of $49,000.
Egypt: $1.14 per gallon (or $0.30 per liter.)
Oman: $1.20 per gallon (or $0.32 per liter.) - BP has expressed interest in Oman, and even went as far as to state, "The project will make a lot of
money for Oman; we just need to find a way to get a big enough piece of it for BP to make sense as an investment," Reuters quoted Jonathan Evans, BP
Oman general manager, as saying.
Algeria: $1.20 per gallon (or $0.32 per liter.)
So where do you stack-up where you live? I know when I filled up today it was $3.62 per gallon, and that was with a Sam's Club card and Wal-Mart gift
card (saves an extra $0.17 per gallon when I use 'em together).
Now, domestically the USA produces about 6 million barrels of crude per day, according to one site (
), and 7.8 million per day according to another (
In comparison, Saudi Arabia in January produced 7.5 million barrels (or 8.8 million according to wiki, above). That's right, only 1.5 million more
than the US.
Little known fact is that the USA is actually the 3rd largest oil producer in the world. We produce 5-6 million more barrels of crude per day than
Qatar. You know, that country we talked about above?
** This is where the article started turning. The more stats I researched, the more curious I got. **
According to statistics, America uses 18.6 million barrels per day ( www.nationmaster.com...
So we are stuck buying around 12 million barrels of oil per day for our own needs. Crude is sitting at $103/bbl right now (
). That's about $1.25 billion per day.
Now, there are about 5.5 million gallons of gas sold each day in California alone ( www.eia.gov...
). If there were 50 Californias (the number of states), we would need 275 million gallons of gas per day. But as it stands, the country as a whole
uses about 400 million gallons of fuel per day... yeesh!
At the paltry sum of $3.50 per gallon (times 400 million gallons), that would be $1.4 billion. The numbers add up when you take into account refining
and transporting, I suppose.
But the question is... where does all that extra fuel usage come from?
Now remember, we were assuming 50 Californias. Fun fact, California alone uses more gas than any country
(except the US) in the world. So the
275 million gallons per day is truthfully the Mount Everest
of over-estimations. But even if it weren't... where does the extra 125 million
gallons go? That is 31% of our usage... that we, the people, do not use
. Remember, you can not take into account the ground transportation
industry, or any ground transportation for that matter, because our 50 Californias have that covered.
Electricity is mainly coal and nuclear... heating is mainly natural gas or propane... in reality only about 6-7% of our crude usage is for
residential/electricity/any other needs.
Let's put it another way. A 767 holds about 20,000 gallons of fuel. It burns about 70-80% of that on a trans-Atlantic flight (JFK to LHR... about 3470
miles). Seems like a lot...
But you would have to fill 6,250 separate 767s... fly them across the Atlantic... and you would STILL have about 25 million gallons left over. That is
21.7 million air miles of traffic, per day, and you still have 25 million gallons of fuel left over to play with.
Even the entire military's usage can't balance this out. The military would have to be the size of 15 Californias...!
I know the statistics they put out with the % of usage, but they never show actual numbers. When you look at the usage of people vs the oil imported
and the gallons of gas that the country reportedly uses, it starts to look a little weird.
So why does our government import so much damned oil? Where does it all go? Do we actually know who imports our oil?
So here is my hypothesis, or jumble of thoughts, however you want to see it.
Are they doing it just to drive the futures market up and drive up the price/taxes on gas to the consumer?
Is the government purposely importing unsustainable amounts of oil to kill off the world's reserves while an elite few stockpile what is left?
Are they purposely driving up costs to make money, while simultaneously killing off the oil industry to set-up a collapse and to make money off of the
building of a new energy market that they are already aware of?
It doesn't take a scientist to figure out that at this rate, the world's oil reserves will become depleted. It's going to happen. It is just a matter
And so I am not complaining without bringing anything to the table, here are my thoughts...
We import 12 million barrels per day at a cost of $1.25 billion.
Let's say, just for the sake of argument, that we somehow managed to ween ourselves off of the oil tit for one day, just one Sunday let's say, per
month for a year. Or we double production for a day. That would save us $15 billion in one year.
Let's say we use that $15 billion per year to build an electric vehicle infrastructure here in the States. How much should we say a charging station
would cost to install? $250,000 for a large, multi-car charging lot?
If each lot cost $250,000... we could install 60,000 charging stations, per year, into America. Sixty thousand, per year. How long would it take us to
use 50% less gas in our daily commutes? A couple of years?
A 2012 Nissan LEAF MSRPs for $37,000, fully loaded. The Government gives out $24 billion in tax breaks to oil companies every year. The government
could GIVE AWAY 648,648 brand new LEAFs, every year, to help people transition.
Not only should we be able to cut at least 50% of the countries fuel usage (we would still have to use gas for long trips such as tractor trailers and
airliners), but it would also employ thousands of people in every state to help build the infrastructure.
And what would shaving off those 6 million barrels per day (50% of our import) save the US?
Or, $225 billion per year.
That would help us become less oil dependent. It would shoot us to the forefront of the electric vehicle market. And I'm sure that $225 billion per
year would help take a chunk out of our national deficit...
*Out of characters...*
edit on 30-3-2012 by YouAreLiedTo because: (no reason given)