US Crude Oil Supply, Demand, Fuel Consumption/Imports/Exports, and a SURPRISE

  1. Welcome to GM Inside News Forum – General discussion forum for GM

    Welcome to GM Inside News Forum - a website dedicated to all things GM.

    You are currently viewing our forum as a guest, which gives you limited access to view most discussions and access our other features. By joining our community, at no cost, you will have access to post topics, communicate privately with other members (PM), respond to polls, upload content and access many other special features. Registration is free, fast and simple, Join GM Inside News Forum today!
     
+ Reply to Thread
Results 1 to 14 of 14

Thread: US Crude Oil Supply, Demand, Fuel Consumption/Imports/Exports, and a SURPRISE

  1. #1
    6.2 Liter LS3 V8
    Join Date
    Aug 2007
    Posts
    3,266
    Thanks
    540
    Thanked 130 Times in 108 Posts

    US Crude Oil Supply, Demand, Fuel Consumption/Imports/Exports, and a SURPRISE

    US demand for gasoline has declined 6% since 2007. And domestic petroleum production is increasing, 11% since 2008. DOD demand should be declining as "wars" wind down, so far down 8% since 2004 when DOD consumption was about 2.4% of US refinery capacity.

    You can generate a graph for US gasoline demand from 1949 to 2011.

    Keep in mind that the traditional US refinery yields 10 gallons of diesel and 19 gallons of gasoline per barrel regardless of the price of crude. Newer revised refineries can increase diesel yield to 13 gallons/barrel or about 32 gallons of gasoline and diesel per barrel ... not bad for the revenue stream regardless of the price of crude.

    Oh, don't forget, that refineries typically yield another 14+ gallon equivalents of assorted other petro products/chemicals.

    Just some things I have been looking at ...

    IMPORTS

    Gasoline http://www.eia.gov/dnav/pet/hist/Lea...-Z00_MBBLD&f=4

    Gasoline import demand has declined to 28K barrels/day from 637K barrels/day in 2006. Meanwhile gasoline exports have increased from roughly 100K barrels/day in 2008 to 400+K barrels/day in 2012.

    Diesel http://www.eia.gov/dnav/pet/hist/Lea..._NUS-Z00_2&f=4

    Here is a surprise to me, Ultra Low Sulfur Diesel (ULSD) imports spiked to 250K barrels/day in 2006 but has declined 80% over the last 6 years to about 49K barrels/day. Now I remember, that was BEFORE we, the US, had <15 ppm sulfur diesel capability, just beginning to come on line in 2008. Now we are exporting 750K barrels/day of ULSD.

    That is enough exported diesel fuel to supply >38,325,000 Euro type fuel frugal diesel vehicles 15K miles annually without requiring ONE additional barrel of crude ... domestic or foreign.

    Just think, that would fuel about 16% of the current US light vehicle fleet ... with NO increase in crude oil requirements. Make the vehicles available (by import waiver if no other way) and let the market decide!!!


    That sounds to me like a MAJOR STEP ... TOWARD ENERGY INDEPENDENCE ... and NATIONAL SECURITY! How about you??

    Exports

    Gasoline http://www.eia.gov/dnav/pet/hist/Lea..._NUS-Z00_2&f=M

    Diesel http://www.eia.gov/dnav/pet/hist/Lea...-z00_mbbld&f=m

    Just thought some of you might be interested.

    Are there any problems with my data or logic? Please let me know, opinions appreciated.
    Last edited by 44 mpg by 2010; 11-10-2012 at 01:55 PM.
    It is important what WE use as our "moral compass" and ...
    the "measuring stick" chosen for judging progress/success as well.


    44 mpg by 2010 ... 2013?

  2. Remove Advertisements
    GM Inside News
    Advertisements
     

  3. #2
    4.4 Liter Supercharged Northstar
    Join Date
    Sep 2003
    Location
    The Great White North
    Posts
    2,811
    Thanks
    325
    Thanked 400 Times in 230 Posts

    Re: US Crude Oil Supply, Demand, Fuel Consumption/Imports/Exports, and a SURPRISE

    My biggest concerns with looking at current diesel consumption has to do with what I presume is the biggest user of diesel: heavy freight transport. I assume that, given the economy, recent usage isn't terribly representative. Assuming some reasonable level of economic growth, what would that segment require in terms of diesel and how would that impact what's left for personal transport. My gut is a growing economy with (hopefully) more manufacturing activity would substantially increase domestic diesel consumption above whatever the previous peak was.

  4. #3
    R2-D2 Astromech Droid Premium Member Neanderthal's Avatar
    Join Date
    Nov 2004
    Location
    Pluto IS a planet!
    Posts
    20,690
    Thanks
    349
    Thanked 720 Times in 510 Posts
    My Ride
    13 Soul; 01 PT LTD

    Re: US Crude Oil Supply, Demand, Fuel Consumption/Imports/Exports, and a SURPRISE

    Kewl post, 44. Thankyuhhverruhhmuchh!

    11 Chry 200 V6; 07 Spectra EX; 07 GP GXP; 95 LHS; 04 Impala. 03 Accord LX. 02 Regal LS. 02 Accord V6. 01 Accord EX. 99 Golf TDi. 98 Concorde. 97 Concorde 3.5. 97 HX Civic 5M. 96 Concorde. 95 Intrepid. 94 Protege 5M. 92 SHO 5M. 93 Protege 5M. 92 Taurus P50. 1991 Camry 5M. But wait, there's more!

    "Call your enemy what you are, and always tell the exact opposite of the truth."--Vladimir Lenin



  5. #4
    6.2 Liter LS3 V8
    Join Date
    Aug 2007
    Posts
    3,266
    Thanks
    540
    Thanked 130 Times in 108 Posts

    Re: US Crude Oil Supply, Demand, Fuel Consumption/Imports/Exports, and a SURPRISE

    Tone ... your concern is valid.

    However, we have been exporting diesel of various grades at relatively high volumes for a relatively long time.

    With coming refinery upgrade modifications diesel production can be expected to increase by up to 30% based on yield/barrel input over the next 10~15 years.

    Two refineries have completed these upgrades in the last 24 months with a combined processing capacity of about 400K barrels/day. Those 2 facilities alone should produce a previously unavailable 24K barrels/day of ULSD diesel.

    More refineries will move in this direction as the quality of crude declines.

    I don't preceive a problem of US diesel availability in the foreseeable future. Although, someone may know otherwise.
    It is important what WE use as our "moral compass" and ...
    the "measuring stick" chosen for judging progress/success as well.


    44 mpg by 2010 ... 2013?

  6. #5
    R2-D2 Astromech Droid Premium Member Neanderthal's Avatar
    Join Date
    Nov 2004
    Location
    Pluto IS a planet!
    Posts
    20,690
    Thanks
    349
    Thanked 720 Times in 510 Posts
    My Ride
    13 Soul; 01 PT LTD

    Re: US Crude Oil Supply, Demand, Fuel Consumption/Imports/Exports, and a SURPRISE

    What I want to know is when will we be moving on from crude oil to courteous and well-mannered oil?

    11 Chry 200 V6; 07 Spectra EX; 07 GP GXP; 95 LHS; 04 Impala. 03 Accord LX. 02 Regal LS. 02 Accord V6. 01 Accord EX. 99 Golf TDi. 98 Concorde. 97 Concorde 3.5. 97 HX Civic 5M. 96 Concorde. 95 Intrepid. 94 Protege 5M. 92 SHO 5M. 93 Protege 5M. 92 Taurus P50. 1991 Camry 5M. But wait, there's more!

    "Call your enemy what you are, and always tell the exact opposite of the truth."--Vladimir Lenin



  7. The Following 2 Users Say Thank You to Neanderthal For This Useful Post:

    44 mpg by 2010 (11-11-2012),chinamonty (11-11-2012)

  8. #6
    6.2 Liter LS3 V8
    Join Date
    Aug 2007
    Posts
    3,266
    Thanks
    540
    Thanked 130 Times in 108 Posts

    Re: US Crude Oil Supply, Demand, Fuel Consumption/Imports/Exports, and a SURPRISE

    It just occurred to me ... that with the strategy proposed above ... the US could increase by 574.875 BILLION the annual vehicle miles driven simply by using the currently exported US ULSD diesel fuel in domestically available fuel frugal diesel light vehicles with NO increase in US petroleum requirement.

    Of course 38,325,000 light diesel vehicles would displace some gasoline machines actually reducing gasoline demand.

    Surplus gasoline available for export? Reduced stress on refinery capacity?

    Maybe, net US petroleum requirements should actually decline?

    What would that do for US balance of trade?

    IF those machines were built in the US ... what would that do for OUR economy?

    Any problems with the ideas, logic, or numbers yet????

    You folks aught to be able to find something wrong ... with the numbers, logic, something ...

    The only question I can think of is rate of US consumer acceptance of the fuel frugal small displacement (<2 Liters) diesel light vehicles.
    It is important what WE use as our "moral compass" and ...
    the "measuring stick" chosen for judging progress/success as well.


    44 mpg by 2010 ... 2013?

  9. #7
    6.0 Liter L76 V8 voyager's Avatar
    Join Date
    Apr 2009
    Location
    Amsterdam, Netherlands
    Posts
    2,067
    Thanks
    8
    Thanked 56 Times in 41 Posts
    My Ride
    Guzzi Monza Saab 90 Alfa 156SW

    Re: US Crude Oil Supply, Demand, Fuel Consumption/Imports/Exports, and a SURPRISE

    I would be interested to know:
    - how many barrels of oil the U.S. consumes?
    - how much of this needs to be imported?
    - how much of this is used to fuel power plants?
    - how much of this is used for transport in general?
    - what is the percentage passenger cars account for (out of 'transport')?
    GeneratinGMobilizing
    Good Day Shine

  10. #8
    4.4 Liter Supercharged Northstar
    Join Date
    Sep 2003
    Location
    The Great White North
    Posts
    2,811
    Thanks
    325
    Thanked 400 Times in 230 Posts

    Re: US Crude Oil Supply, Demand, Fuel Consumption/Imports/Exports, and a SURPRISE

    Quote Originally Posted by voyager View Post
    I would be interested to know:
    - how many barrels of oil the U.S. consumes?
    - how much of this needs to be imported?
    - how much of this is used to fuel power plants?
    - how much of this is used for transport in general?
    - what is the percentage passenger cars account for (out of 'transport')?
    Some good answers here: http://www.eia.gov/energyexplained/i...ergy_home#tab2

  11. The Following 2 Users Say Thank You to Tone For This Useful Post:

    44 mpg by 2010 (11-11-2012),voyager (11-13-2012)

  12. #9
    6.2 Liter LS3 V8
    Join Date
    Aug 2007
    Posts
    3,266
    Thanks
    540
    Thanked 130 Times in 108 Posts

    Re: US Crude Oil Supply, Demand, Fuel Consumption/Imports/Exports, and a SURPRISE

    Voyager, I believe http://www.eia.gov can answer all of your questions ... and then some.


    Tone beat me ...
    Last edited by 44 mpg by 2010; 11-11-2012 at 11:55 AM.
    It is important what WE use as our "moral compass" and ...
    the "measuring stick" chosen for judging progress/success as well.


    44 mpg by 2010 ... 2013?

  13. #10
    3.6 Liter SIDI V6 fakeout's Avatar
    Join Date
    Aug 2010
    Location
    Canada
    Posts
    1,235
    Thanks
    37
    Thanked 36 Times in 31 Posts

    Re: US Crude Oil Supply, Demand, Fuel Consumption/Imports/Exports, and a SURPRISE

    http://www.meteomedia.com/news/storm...her_topstories

    If you can read French, you can read on a plane fueled by mustard. lol
    AWD wagons
    Feeling Good by David Burns

    Biodiesel forum
    http://biodiesel.infopop.cc/6/ubb.x?a=cfrm&s=447609751
    Fuel documentary
    http://www.youtube.com/watch?v=v3CBOdgBlk8

  14. The Following User Says Thank You to fakeout For This Useful Post:

    44 mpg by 2010 (11-11-2012)

  15. #11
    6.2 Liter LS3 V8
    Join Date
    Aug 2007
    Posts
    3,266
    Thanks
    540
    Thanked 130 Times in 108 Posts

    Re: US Crude Oil Supply, Demand, Fuel Consumption/Imports/Exports, and a SURPRISE

    The mustard based fuel contains cycloparaffins and aromatics that are not present in catalytically produced gas-to-liquid diesel.

    Rape seed would probably also work the same ... since they are in the same general class.
    It is important what WE use as our "moral compass" and ...
    the "measuring stick" chosen for judging progress/success as well.


    44 mpg by 2010 ... 2013?

  16. #12
    Corvette C7 Smaart Aas Saabr's Avatar
    Join Date
    Oct 2003
    Location
    Montréal, Québec
    Posts
    16,785
    Thanks
    15
    Thanked 108 Times in 85 Posts

    Re: US Crude Oil Supply, Demand, Fuel Consumption/Imports/Exports, and a SURPRISE

    Quote Originally Posted by fakeout View Post
    http://www.meteomedia.com/news/storm...her_topstories

    If you can read French, you can read on a plane fueled by mustard. lol
    Flying for an hour and a half between Montreal and Ottawa? I can drive that in my car and not even get a ticket!

  17. #13
    6.0 Liter L76 V8 voyager's Avatar
    Join Date
    Apr 2009
    Location
    Amsterdam, Netherlands
    Posts
    2,067
    Thanks
    8
    Thanked 56 Times in 41 Posts
    My Ride
    Guzzi Monza Saab 90 Alfa 156SW

    Re: US Crude Oil Supply, Demand, Fuel Consumption/Imports/Exports, and a SURPRISE

    Eia/gov talks about U.S. consumption of 20 million barrels of oil a day.



    If you look at energy consumption per sector then 28% is used for all sorts of transportation... Now I have to find out how much of that is being accounted for by passenger cars...

    But since total U.S. energy consumption covers more than burning away barrels of oil, transportation should account for a bigger slice of the oil consumptionpie.

    That's when I found this: http://www.americanenergyindependence.com/fuels.aspx

    "U.S. Transportation fuel consumption accounts for over 70 percent of total U.S. oil consumption, and more than 65 percent of that amount is for personal vehicles. American drivers consume about nine million barrels of gasoline per day for personal transportation—378 million gallons every day—about 45 percent of total U.S. oil consumption.... The United States imports 6 million barrels of crude oil per day from OPEC nations."

    However.... (and this just came in) "U.S oil output is poised to surpass Saudi Arabia’s in the next decade, making the world’s biggest fuel consumer almost self reliant and putting it on track to become a net exporter, the International Energy Agency (IEA) said on Monday."

    http://www.businessdayonline.com/NG/...rabias-by-2020

    Thank the Dutchman who has a soft spot for figures ;-)
    Last edited by voyager; 11-13-2012 at 10:26 AM.
    GeneratinGMobilizing
    Good Day Shine

  18. The Following User Says Thank You to voyager For This Useful Post:

    44 mpg by 2010 (11-13-2012)

  19. #14
    Corvette C7 Smaart Aas Saabr's Avatar
    Join Date
    Oct 2003
    Location
    Montréal, Québec
    Posts
    16,785
    Thanks
    15
    Thanked 108 Times in 85 Posts

    Re: US Crude Oil Supply, Demand, Fuel Consumption/Imports/Exports, and a SURPRISE

    It might be an interesting and typically ignored sideline. We talk always of getting cars not to run on oil. But in the old day, everything ran on oil. Now everything else has moved away from oil completely. Oil used to run power plants, heat homes...

  20. Remove Advertisements
    GM Inside News
    Advertisements
     

Thread Information

Users Browsing this Thread

There are currently 1 users browsing this thread. (0 members and 1 guests)

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
Powered by vBadvanced CMPS v4.1.2