Revi wrote:The way I came to this conclusion was 1 trillion barrels divided by the 1.2 billion vehicles = 833 barrels x 42 gallons in a barrel, divided by 3 (refined about 1/3 comes out as gasoline), times 20 miles per gallon = 233,000.
vtsnowedin wrote:I recently drove from Vermont to Atlanta Georgia with my daughter in her Toyota Camry. We drove through snow , sleet ,freezing rain, traffic congestion and seven lane 80 mph bumper cars. I can't imagine doing that in your car.
vtsnowedin wrote:I recently drove from Vermont to Atlanta Georgia with my daughter in her Toyota Camry. We drove through snow , sleet ,freezing rain, traffic congestion and seven lane 80 mph bumper cars. I can't imagine doing that in your car.
Shaved Monkey wrote:As I am a white middle class 1st worlder I will probably have a car after the 3rd world cant afford to pay for petrol to fill up theres.
I imagine I will probably have 1 more possibly 2 more cars.
They will use less fuel than the one I have now
I only spend $300(before price drop) worth of fuel a year and $1200 on insurance and registration,so I have a fair way to go before I cant afford to drive even if fuel prices go up by factors of of 5 or 10X.(which will knock out plenty of demand.
The electric bikes will take up a lot of slack though.
But I imagine motels may be pretty cheap/desperate if fuel prices go through the roof.
Shaved Monkey wrote:I only spend $300(before price drop) worth of fuel a year and $1200 on insurance and registration,
Car owners could be forced to pay more for vehicle registration as a direct result of Australia's rapidly vanishing capacity to refine crude oil.
The warning, made in a state government submission to a Senate inquiry into the nation's fuel security, is that the dwindling output from local refineries will mean that bitumen for road making, a by-product of oil refining, will have to be 100 per cent imported.
That will increase the cost of building roads but likely be recouped through higher rego costs,
Revi wrote:I am assuming about a trillion barrels left and that we are at or around the peak, but I think it's a pretty reasonable assumption considering that we are getting more and more vehicles on the planet.
DesuMaiden wrote:Revi wrote:I am assuming about a trillion barrels left and that we are at or around the peak, but I think it's a pretty reasonable assumption considering that we are getting more and more vehicles on the planet.
But we only use 70% of refined petroleum for transportation fuel. The other 30% of petroleum is used to make petrochemical products like plastics, asphalt, pesticides, paints, toothpaste, tooth brushes (which are made of plastic), pharmaceuticals and countless other products. There is no way all of the 1 trillion barrels left will be used solely as transportation fuel because we use petroleum for much more than just transportation fuel.
vtsnowedin wrote:DesuMaiden wrote:Revi wrote:I am assuming about a trillion barrels left and that we are at or around the peak, but I think it's a pretty reasonable assumption considering that we are getting more and more vehicles on the planet.
But we only use 70% of refined petroleum for transportation fuel. The other 30% of petroleum is used to make petrochemical products like plastics, asphalt, pesticides, paints, toothpaste, tooth brushes (which are made of plastic), pharmaceuticals and countless other products. There is no way all of the 1 trillion barrels left will be used solely as transportation fuel because we use petroleum for much more than just transportation fuel.
True but that just makes Revi's calculation/ prediction that much more likely.
Shaved Monkey wrote:There will be plenty of wood gas cars like there was during WW11
when price and supply makes conventional cars not viable but the desire to move over comes the effort to do so.
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