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How much United States oil is exported?
There is no official answer to how much crude oil is being exported that is easy to find online. There is, however, a Forbes article dated July 3rd, 2008, that provides the following about refined products such as gas and diesel: "A record 1.6 million barrels a day in U.S. refined petroleum products were exported during the first four months of this year, up 33 percent from 1.2 million barrels a day over the same period in 2007. Shipments this February topped 1.8 million barrels a day for the first time during any month, according to final numbers from the Energy Department." Based on the Energy Information Agencies' (EIA) numbers, the US uses approximately 20 million barrels of crude a day. The EIA also reports that 1 barrel of crude (42 gallons) makes approximately 20 gallons of gasoline and 7 gallons of diesel. Assuming that most of the exported products are gasoline and diesel, and knowing from calculating that roughly 64% of a barrel of crude oil (which is the percentage of gasoline and diesel that comes out of a barrel of crude oil) can be refined into gasoline and diesel, then the 1.6 million barrels a day being exported represents roughly 2.2 million barrels of crude a day or about 10% of the crude oil used daily by the US. It may be accurate to say that no crude oil is being exported from the US, but up to 10% of our crude oil is being exported in the form of refined products. This makes the argument that the US has a shortage of refining capacity to handle the US market questionable at best. The assumption made here is that most of the refined products being exported are gasoline and diesel instead of other oil related products. If this assumption is way off, please post what the correct stats are and a reliable source for any correction.
How long does it take for your credit reports to become clean?
Usually 7 yrs. for most items on your report.
What is a bank?
The word bank can refer to:a place where a person can borrow and place money or settle financial affairsan individual branch office of such an institutionan edge of a river or some other watercoursean elevation under the seathe incline of an aircraftan incline or hill as encountered by rail transporta quantity of clouds on the horizona row or panel of items stored or grouped togethera row of contiguous keys on a computer keyboard
How can one contact SBIonline banking also known as onlineSBI?
The State Bank of India (commonly known as SBI) is one of the largest banks in India. They can be most easily accessed on their website or by placing a phone call.
What are the emerging role of financial manager in India?
Liquidity management is the most crucial role a finance manager faces today.
What were the goods exported from India during british rule?
items which were exported during british rule
Which cotton and jute fabrics and items are exported by India?
Cotton and jute fabric items that are exported by India include linen, table linen, office bags, and promotional bags. Additional items that are exported include eco friendly shopping bags and reusable shopping bags.
What are the major food items exported from Italy?
grapes (wine) and olives are the most food exported from Italy
What was the main items exported from each states of India to different countries in ancient times?
life stock and slaves
What items are exported from new brunswick?
cheese
What kind of items are exported from Beijing?
Ford and at&t
What does Canada export to India?
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What items India export to Portugal?
In the past India exported spices to Portugal such as turmeric, cinnamon, cardamom, ginger, cloves etc. In return Portugal exported Christianity to India through inquisition and burnt alive several Hindus. Any other religion except Catholic was not allowed in Goa under their rule. Portugal didn't have anything else at that time to export anything to India. Europe was in dark ages back then.
What products are exported from England?
Type your answer here food items
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Tobacco, coal, and salt.
Names of 10 crops that are exported by India?
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What did Virginia exported to England?
Virginia exported numerous items to England such as tobacco and wood products. Tobacco was the main export to England.
