Tuesday, August 5, 2008

Where does all the oil go?

I totaled up my personal oil consumption, furnace oil and gasoline. Last winter the furnace used 616 gallons, and the car took 370. Call it a thousand gallons for the year in round numbers. Call it three gallons a day, again round numbers. For a ball park estimate make the average family size three, divide the population of the country by three and get 100 million families, using three gallons a day,or 300 million gallons a day. Divide by 55 to make it barrels and get 5.4 million barrels a day for consumer use. Actual US crude oil consumption is far higher than that, 20 million barrels a day.
That makes 14.6 million barrels a day going into industry. I wonder where it all goes and how much is necessary. Can we find ways to economize in industry?
For instance, A TV ad this morning claims 60 billion pounds of plastic bottles are made each year. Convert that to barrels per day assuming 7.5 pounds per gallon. I get 400,000 barrels per day. That's 2% of daily oil consumption going into plastic bottles. Suppose we went back to real glass bottles, the kind you return, wash and refill?
Where does the 14.6 million barrels per day industrial use really go? Can it be reduced?

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