Author Topic: The world is addicted to OIL and USA is the biggest addict  (Read 603 times)

Offline Stockguru

  • Mega superstar
  • *
  • Posts: 329
  • Reputation: 0
EIA uses product supplied to represent U.S. petroleum consumption. In 2021, the United States consumed an average of about 19.78 million barrels of petroleum per day, or a total of about 7.22 billion barrels of petroleum. This was an increase in consumption of about 1.6 million barrels per day over consumption in 2020

at 42 gallons per barrel this translates to 830.8 million gallons per day..


We need to invade Saudi Arabia - Kenya and other african countries should form an army and overthrow that stupid kingdom

Quote
audi Arabia holds 266,578,000,000 barrels of proven oil reserves as of 2016, ranking 2nd in the world and accounting for about 16.2% of the world's total oil reserves of 1,650,585,140,000 barrels.

Saudi Arabia has proven reserves equivalent to 221.2 times its annual consumption. This means that, without Net Exports, there would be about 221 years of oil left (at current consumption levels and excluding unproven reserves).


Offline Stockguru

  • Mega superstar
  • *
  • Posts: 329
  • Reputation: 0