Quote:
Originally Posted by Maxo
224 million gallons of gasoline equates to a bit over 5 million barrels of... Gasoline.
Since refineries typically can only produce 19 - 20 gallons of gasoline per barrel (42gal) of crude oil it would take ~11.3 million barrels of crude oil to produce the 224 million gallons of gas.
It still doesn't look very good but I just thought I'd point that out.
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Yes, this is the same point I was making, except I zeroed on the inaccuracy of equating the saving of gas at $4 per gallon to that of crude at $1.80 a gallon.
As you point out, a gallon of crude only delivers about half a gallon of gasoline, so even looking at it that way, you are saving the equivalent of 10 million barrels of crude.
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