2007-11-27 11:18:47 · 4 answers · asked by Yo mamma ;) 2 in Environment ➔ Alternative Fuel Vehicles
Edit: Oops, sorry, the actual figure is in millions of barrels a day, not billions. Oil - consumption: 20.73 million bbl/day (2004 est.) is the most current estimate I can find. Source? It's from the Central Intelligence Agency (CIA). Our goverment.
2007-11-27 12:01:58 · answer #1 · answered by Anonymous · 3⤊ 1⤋
I think there is some mistake with the figure you are giving. the figure is almost correct but it should refer to million barrels per day (bbl/day) and not to billion. If we assume that we talk about the figure I know then YES these are to much because the US is using 20,730,000 bbl/day to produce a GDP of 13,194,700 million USD (0.63 million per bbl of oil) while other countries produce much more per bbl of oil. Germany for example is using 2,650,000 bbl/day to produce a GDP of 2,915,867 million USD (that is 1.1 million per bbl of oil). The US has a very bad index regarding the energy (and oil) intensity of the economy.
2007-11-27 12:00:18 · answer #2 · answered by economist 3 · 3⤊ 0⤋
No. We need to have a bigger supply to bring the costs down.
2007-11-27 12:57:03 · answer #3 · answered by Dr Jello 7 · 1⤊ 1⤋
WHERE did you get this figure???
2007-11-27 11:54:11 · answer #4 · answered by steinwald 4 · 0⤊ 1⤋