1. Oil Consumption Oil, Gasoline, Consumption, Prices

2. US Transportation Energy (28%)

3. 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

4. Annual Consumption  Gasoline Consumption: 700 gal per vehicle  Gasoline Cost: $2,000 per vehicle  CO2 emissions: 7 ton per vehicle

5. Gasoline Pump Price: From 1919

6. Gasoline Pump Price: From 1980

7. Gasoline Price Components

8. 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

9. Gasoline is derived from Crude Oil

10. Oil

11. Oil Refinery

13. Gasoline  Hydrocarbon chains CH 2 -CH 2 -CH 2 -----  Combustion 2CH 2 + 3O 2  2CO 2 + 2H 2 O

14. US Oil Consumption (40 Quad)

15. Oil Consumption  US Consumption: 21 MBD  Global Consumption: 84 MBD  US Imports 12 MBD

16. US Sources of Oil

17. 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%

18. OPEC Organization of the Petroleum Exporting Countries

19. Imported Crude Oil Price