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How long will 112 billion barrels of oil last at the current US consumption rate?

US oil consumption in 2006 was 20,588,000 barrels/day (Wikipedia), = 2.0588 x 107. 112 billion = 11.2 x 1010. So this would last 11.2/2.0588 x 103 days = 5.44 x 103 days or 5,440 days = 14.9 years.


How long will the total oil in US and territorial waters last?

The US has about 30 Billion barrels of proven oil reserves. If assume use no oil imports (US imports about 60% of use currently) and current rate of consumption (oil use in US has recently begun to go down) of about 20.7 Million Barrels a day - US oil proven reserves will be drained in about 4 years. If use current levels of import, the current reserves will last about 10 years. If add in estimated prospective oil reserves, the US has about 130 Billion Barrels (unproven) additional reserves. Of the 130 Billion Barrels, ~ 85 BBls are offshore (~20 BBls in currently off limits areas) and ~45 BBls under land (~10 BBls are in ANWR). The prospective reserves would last at current consumption levels about another 17 years (21 total) with no imports or about another 43 years (53 total) at current import levels. The US also has the largest formation of oil shale in the world, with an estimated 1.5 (some estimates are over 2) Trillion barrels of oil in oil shale in reserve or about twice the reserves of the entire middle east, but this oil is harder to get. If use 1.5 TBls with no imports, US has oil to last 200 years at current consumption with no imports and nearly 500 years if assume current import levels just from this source.


How old was earth when life appeared on it?

The Earth is about 4.5 billion years old. Life appeared on Earth about 3.5 billion years ago. The Earth would have been about 1 billion years old at that time.


How long did the heavy bombardment last?

The heavy bombardment period, known as the Late Heavy Bombardment, is estimated to have occurred about 4.1 to 3.8 billion years ago. This period was characterized by intense asteroid and comet impacts on the inner planets of the solar system, including Earth.


How do you make non renewable energy resources last longer?

Fossil fuels are a finite resource. They are produced over a very long time (millions of years) and the rate of creation is far below the current rate of consumption. There is the opportunity to exploit some oil reserves which haven't been tapped previously due to costs or technical constraints - but these would provide only a relatively short extension to the life of fossil fuels.So, to make fossil fuels last as long as possible we would need to develop better methods to extract it from the ground and new technologies to extract deposits such as the oily sand deposits in Canada. Obviously if we reduce the rate of consumption then fossil fuels will last longer. Lets say there are 20 billion barrels of oil left... if we currently consume 10 billion barrels of oil per year this would mean there's only two years supply left. If we reduce our consumption to 2 billion barrels of oil per year that would provide ten years supply.All that said, the burning of fossil fuels produces a large amount of CO2 (carbon dioxide) which acts as a greenhouse gas, causing significant global warming and climate change. These concerns are bigger than simply making fossil fuels last longer. If we continue to burn fossil fuels at the current rate the environment will continue to suffer. Its generally accepted the level of damage inflicted is already sufficient to mean significant problems for humans.Development of alternative, safe, clean and sustainable energy (even if it costs slightly more) is the current aim. Google for alternative energy sources for lots of examples from Biofuels (crops grown and turned into fuels in a short period of time) to Wave / Wind power.

Related Questions

If daily world oil consumption is 85 million barrels how long will 3.8 Billion barrels last?

about 44.7 days


How long will 21 billion barrels of oil last if you use 19.6 barrels per day?

if im right 20 days


How long will 112 billion barrels of oil last at the current US consumption rate?

US oil consumption in 2006 was 20,588,000 barrels/day (Wikipedia), = 2.0588 x 107. 112 billion = 11.2 x 1010. So this would last 11.2/2.0588 x 103 days = 5.44 x 103 days or 5,440 days = 14.9 years.


How long would 5 million barrels of oil last in the us?

The duration that 5 million barrels of oil would last in the U.S. depends on the country's oil consumption rate. As of recent years, the U.S. consumes approximately 20 million barrels of oil per day. Therefore, 5 million barrels would last about 0.25 days, or roughly 6 hours, if the consumption rate remains constant. However, actual usage can vary based on factors such as seasonal demand, economic conditions, and changes in energy policy.


How long can the earth last?

half a billion years left. But that does not mean that PEOPLE will last that long. ;-)


How long will the last for?

The Sun has been living for approximately 4.57 billion years , and is expected to last for roughly 5 billion more, as it's lifespan is about 10 billion years. :D


How long will sun last for?

The Sun has been living for approximately 4.57 billion years , and is expected to last for roughly 5 billion more, as it's lifespan is about 10 billion years. :D


How long do mass of Christian burial last?

1 billion years


How long would it take to count to two billion?

2 billion seconds


How many barrels are in one long ton?

That depends what the barrels are of and how much the individual barrels weigh.


How long did the hadean eon last?

It started about 4.6 billion years ago, and ended about 3.8 billion years ago.


How long will a potato powered clock last?

it lasts about a ten billion years