We think you have liked this presentation. If you wish to download it, please recommend it to your friends in any social system. Share buttons are a little bit lower. Thank you!
Presentation is loading. Please wait.
Modified over 6 years ago
Oil Consumption Oil, Gasoline, Consumption, Prices
US Transportation Energy (28%)
US Cars and Drivers US Population: 300 million Licensed drivers: 190 million Cars and light trucks: 210 million Miles per vehicle: 14,000 MPG: 20
Annual Consumption Gasoline Consumption: 700 gal per vehicle Gasoline Cost: $2,000 per vehicle CO2 emissions: 7 ton per vehicle
Gasoline Pump Price: From 1919
Gasoline Pump Price: From 1980
Gasoline Price Components
Gasoline Profits When you buy a gallon of gas at $2.50. $1.33 for crude oil $0.48 for refining $0.23 for distribution $0.48 for taxes $$ producers & refiners
Gasoline is derived from Crude Oil
Gasoline Hydrocarbon chains CH 2 -CH 2 -CH 2 ----- Combustion 2CH 2 + 3O 2 2CO 2 + 2H 2 O
US Oil Consumption (40 Quad)
Oil Consumption US Consumption: 21 MBD Global Consumption: 84 MBD US Imports 12 MBD
US Sources of Oil
Global Oil Resources Saudi Arabia26% Iraq11% Iran10% Kuwait10% UAE 6% Russia 5% Venezuela 5% Nigeria 3% Libya 3% China 3% Mexico 2% United States 2%
OPEC Organization of the Petroleum Exporting Countries
Imported Crude Oil Price
UNITED STATES DEPENDENCE ON PERSIAN GULF OIL CAN WE REDUCE IT? John Bush May 5, 2006.
These frogs need flies to eat. We call this DEMAND. If they don’t eat, they will not survive. The fly is the food. We call this the SUPPLY STARTER: 1.What.
WHERE DO WE GET OUR ENERGY? 1OIL COAL 3 NATURAL GAS 4 NUCLEAR 5 WATER 6 WOOD.
Geology and Geography of Oil
Middle East OIL. What is OIL used for? Aspirin Aspirin Balloons Balloons Bandages Bandages Cameras Cameras Candles Candles Compact Discs Compact Discs.
OPEC Organization of Petroleum Exporting Countries- Information for Standard SS7E6c.
ENERGY. WORLD ENERGY USAGE PER PERSON ENERGY USE AND TYPES FOR LAST 400 YEARS.
Petroleum is found beneath the surface of earth. Petroleum consists of dead organic matter that has decayed and aged over millions of years with the.
Beyond Gasoline: Drive Less. US Cars and Drivers US Population: 300 million Licensed drivers 190 million Cars and light trucks. 210 million.
OPEC Founded in Baghdad, Iraq in 1960 Current members: Iran, Iraq, Kuwait, Saudi Arabia, Venezuela, Qatar, Indonesia, Libya, UAE, Algeria, Nigeria OPEC.
Major Oil Regions of Today. Major Oil and Gas Regions: Alaska North Slope.
WORLD OIL AND NORTH AMERICAN NATURAL GAS OUTLOOK November 2006.
What are the advantages and disadvantages of fossil fuels?
AGEC/FNR 406 LECTURE 24. “America is addicted to oil” - President George Bush (2006 State of the Union Address) Three reasons for concern: 1. Volatile.
Biggest Oil Reserves. Who's Got The Most Oil? Big movements in the price of oil can have significant effects in the general economy, and although the.
Petroleum makes the world go ‘round
Earth’s Changing Environment Lecture 7 Global and US Fossil Fuel Resources: Oil and Natural Gas.
China and Its Impact on World Energy Consumption Dan Westbrook.
OPEC – a cartel of countries that join together to make decisions regarding the supply of oil in the world market GDP – the dollar market value of.
© 2021 SlidePlayer.com Inc. All rights reserved.