President Trump chose to take on the Middle East last weekend over oil and drone attacks on Saudi Arabia. One report (a brief) drew my attention from Politico Energy regarding the difference between the Trump administration and the Obama administration's emissions standards. Politico's reporter wrote that the difference in barrels of oil per day between emissions standards of both administrations was significant:
The U.S. economy remains susceptible to the ebbs of the world's oil supply, Pro's Ben Lefebvre and Eric Wolff report . To be sure, U.S. and global oil inventories are ample and the dangers surrounding this weekend's attacks are being softened — for now — by the bounty of the decade-old fracking boom. But any sustained surge in oil prices, the pair reports, could create awkward questions about some of Trump's energy policies, including his plan to roll back automobile fuel efficiency standards, which would keep U.S. gasoline consumption about 500,000 barrels a day higher than it would be under the Obama administration's fuel efficiency rule.
Upon reading the difference of 500,000 barrels of oil a day, I was intrigued. I started to wonder how many gallons of gas were equal to 500,000 barrels of oil. From previous blog posts on this site, there are 42 gallons per barrel of oil.
President Trump assurance of the national oil supply should be received with caution. Below are more blog posts showing the amount of oil the world has along with the amount of oil that the U.S. uses on an annual basis.
Related Blog Posts:
How many Olympic size swimming pools per day would be filled with 890,000 barrels of oil?
With 29 Trillion Cubic Feet of Natural Gas, How Many Goodyear Blimps Could Be filled?
What Technology Is Being Installed By 'Energy Transfer' To Prevent An Oil Spill?
Does Oil Demand Restrict The Amount Of Safety Regulation On Big Oil Companies?
How Does The Weight Of A Floating Oil Rig Compare To The Eiffel Tower?
Iraq Has Enough Oil To Support The World For 4 Years -- What?
Is 94 Million Barrels Of Oil A Large Amount? That Is The Global Daily Demand!
The volume of Waste in the Mine Spill (in Brazil) Equivalent to 78 Deepwater Horizon Oil Spills