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Q: How much oil are we using per day on planet earth? ( Answered 4 out of 5 stars,   1 Comment )
Question  
Subject: How much oil are we using per day on planet earth?
Category: Science > Earth Sciences
Asked by: ashinleeds-ga
List Price: $5.00
Posted: 03 Oct 2006 03:12 PDT
Expires: 02 Nov 2006 02:12 PST
Question ID: 770386
How much oil is being consumed per day accross the world?
Please provide the answer in handy units like "olympic sized swimming
pools!" worth.
Please include Gas and Diesel, as I'm particularly interested in that.
If you can't provide the amount consumed, what's the amount extracted?
Ashley
Answer  
Subject: Re: How much oil are we using per day on planet earth?
Answered By: answerfinder-ga on 03 Oct 2006 04:43 PDT
Rated:4 out of 5 stars
 
Dear ashinleeds-ga,

The US Energy  Information Administration provides information on the
world?s oil consumption, but as they note,
?Measuring oil consumption presents a dilemma for public and private
analysts. The size and complexity of the market and the number of
consumers and suppliers make data collection a daunting task.?
http://www.eia.doe.gov/pub/oil_gas/petroleum/analysis_publications/oil_market_basics/demand_text.htm#Measuring%20Oil%20Consumption

Having said that, they do provide estimates on the world?s daily oil
consumption. This spreadsheets shows that between 2002 and 2006 the
daily consumption was between 78 and 85 million barrels a day.
http://www.eia.doe.gov/emeu/ipsr/t24.xls

Now for the calculations. I have taken the top figure of 85 million barrels.
 
1 barrel is equal to 42 U.S. gallons, or approximately 159 litres.
http://www.answers.com/bbl.&r=67

2,500,000 litres are required to fill an Olympic swimming pool.
http://en.wikipedia.org/wiki/Olympic_size_swimming_pool


159 x 85 000 000 = 13 515 000 000
://www.google.co.uk/search?hl=en&q=159+x+85000000+&btnG=Google+Search&meta=

13 515 000 000 / 2 500 000 = 5 406
://www.google.co.uk/search?hl=en&q=13515000000+%2F+2500000+&btnG=Search&meta=

Therefore, the total oil consumption for the world, per day, can be
fitted in 5,406 Olympic swimming pools.


Another way of looking at it is consumption per head.

?For instance, oil consumption in the United States and Canada equals
almost 3 gallons per day per capita. (The difference is these
countries' transportation sectors, with their dependence on private
vehicles to travel relatively long distances.) Oil consumption in the
rest of the OECD equals 1.4 gallons per day per capita. Outside of the
OECD, oil consumption equals 0.2 gallons per day per capita.?
http://www.eia.doe.gov/pub/oil_gas/petroleum/analysis_publications/oil_market_basics/demand_text.htm

http://www.eia.doe.gov/pub/oil_gas/petroleum/analysis_publications/oil_market_basics/dem_image_cons_per_cap.htm#Consumption%20of%20Oil%20Per%20Capita


I hope this answers your question. If it does not, or the answer is
unclear, then please ask for clarification of this research before
rating the answer. I shall respond to the clarification request as
soon as I receive it.
Thank you
answerfinder

Search strategy
daily.oil.consumption
://www.google.co.uk/search?hl=en&q=daily.oil.consumption&btnG=Search&meta=
ashinleeds-ga rated this answer:4 out of 5 stars
I like this answer

Comments  
Subject: Re: How much oil are we using per day on planet earth?
From: markvmd-ga on 03 Oct 2006 07:48 PDT
 
Some other comparisons:

The world daily consumption of oil is the about annual production of
ethanol fuel in the US (sources vary on this by as much as 50%, so
it's approximate).

Depending on time of day and year, this is the amount of water that
flows over Niagara Falls in anywhere from 30 minutes to a couple of
hours.

This is over two years worth of Heineken production.

New York City consumes about half this amount in fresh water daily.

This is the amount of Coca Cola produced in about 2 years.

That much water falls as rain in Florida every thirty minutes.

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