Personal Finance, Retirement 

WIN: Oil Oil Everywhere, Not A Drop To Burn

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4 gallons of gas per household per dayAccording to, the United States consumes about 400 million gallons of oil a day across 100 million households, or approximately 4 gallons per household per day. If you drive a 25 MPG car, that’s a hundred miles of driving a day. How does your household stack up? You using more or less than your four?

50 Billion Barrels of Oil under GreenlandIf we melt Greenland, we can get 50 billion barrels of oil. Actually, it’s already melting and oil companies already have oil exploration licenses to start poking around in Greenland. So, really we need to do nothing differently. Oh, and I heard penguins and polar bears make excellent soups so let’s melt the ice from under them too.

8485 GM Hybrid Cars Sold General Motors, as of the recent IRS report, has sold a mere 8,485 hybrid vehicles. By comparison, Toyota crushed the 60,000 limit and Honda just recently exceeded it. Ford is over halfway there. GM is, well, slightly slower out of the gate but remember the tortoise beat the hare.

$100,000 Cost of Tesla RoadsterThe Tesla Roadster is a fully electric car made by Tesla Motors. On a single charge, it can travel 220 miles with an efficient of a reported 4.7 mi/kW·h which is the equivalent of 135 MPG. $100,000 is the price of one of the Tesla’s “Signature One Hundred” in all its tricked out glory. Fortune just published an article yesterday about the Tesla.

Have a great weekend everyone!

{ 7 comments, please add your thoughts now! }

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7 Responses to “WIN: Oil Oil Everywhere, Not A Drop To Burn”

  1. Bear in mind that only 42% of a unit of oil is actually turned into gasoline. The rest goes into your everyday living…crayons, contact lenses, roofing, asphalt, waxes, CD roms, hair coloring, paint and coatings, anything plastic, etc, etc, etc.

  2. Rick Morley says:

    I personally use about a half a gallon of gas per day. Of course, this doesn’t count the fuel used to transport the goods I purchase from the manufacturing plants to the stores, but I buy very little anyway, that this number is pretty much negligible.

  3. Yeah, Ron beat me to the punch. 4 gallons of *oil* is quite different from 4 gallons of gas. In addition to everything Ron listed, think of all the heating oil that gets burned in the winter, the amount of oil/gas used getting the things that you want to buy into your local stores, jet fuel (averaged out over the year), etc.

  4. Someone I know had signed up for the Tesla roadster. But apparently it’s hard to get a hold of it. There’s a huge waiting list. What a nice problem to have I guess…

  5. FHR says:

    The problem I see with cars like this Tesla roadster, the Prius of a few years ago, etc. is that the people who are buying them are largely enamored with the way they are perceived or their own egos. They buy these vehicles only as a means to have the “hottest” product or the newest fad. Honestly, I hope this green fad catches on and causes a paradigm shift for American consumers….I sense it has already begun.

  6. MoneyNing says:

    Yeah I read an article about Tesla too that there’s a huge waiting list. It helps when they can only produce something like 50 cars a year until they ramp up production though.

  7. Patrick says:

    I heard about the Telsa the other day. There is all the Aptera coming out in California that gets around 300 miles to the gallon and costs only around $27k.

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