Update : 2010 Gasoline Consumption
The Energy Information Administration (EIA) released the annual fuel consumption numbers recently. With these numbers we can see what the total amount of gasoline consumed for 2009 was. The number that the EIA reports for Finished Motor Gasoline includes all the ethanol blended into the gasoline supply. By subtracting out the ethanol we can see how ethanol is adding to the fuel supply and the extent to which the portion of gasoline derived from petroleum is being displaced.
Finished Motor Gasoline
2009 - 3,283,730,000 barrels x 42 = 137,916,660,000 gallons
2008 - 3,290,057,000 barrels x 42 = 138,182,394,000 gallons
2007 - 3,389,269,000 barrels x 42 = 142,349,298,000 gallons
2006 - 3,377,174,000 barrels x 42 = 141,841,308,000 gallons
2005 - 3,343,131,000 barrels x 42 = 140,411,502,000 gallons
2004 - 3,332,579,000 barrels x 42 = 139,968,318,000 gallons
2003 - 3,261,237,000 barrels x 42 = 136,971,954,000 gallons
2002 - 3,229,459,000 barrels x 42 = 135,637,278,000 gallons
As you can see after years of steady increases the amount of Finished Motor Gasoline consumed peaked in 2007.
The number that the EIA provides for Finished Motor Gasoline includes all the ethanol blended into the gasoline supply. So to get the number for just the amount of petroleum gasoline consumed the ethanol needs to be subtracted out.
Ethanol Used : Domestic Production + Imports
2009 - 11,143,272,000 gallons
2008 - 9,838,374,000 gallons
2007 - 6,960,240,000 gallons
2006 - 5,615,484,000 gallons
2005 - 4,040,190,000 gallons
2004 - 3,551,142,000 gallons
2003 - 2,816,688,000 gallons
2002 - 2,153,004,000 gallons
Gasoline Used : Finished Motor Gasoline - Ethanol
2009 - 126,773,388,000 gallons
2008 - 128,344,020,000 gallons
2007 - 135,389,058,000 gallons
2006 - 136,225,824,000 gallons
2005 - 136,371,312,000 gallons
2004 - 136,417,176,000 gallons
2003 - 134,155,266,000 gallons
2002 - 133,484,274,000 gallons
As you can see the amount of petroleum gasoline consumed peaked in 2004 and has been in steady decline ever since.
Updated December 24, 2010.
Source : Energy Information Administration
Update : 2010 Gasoline Consumption
7 comments:
so what would the total amount of any gasoline used in cars in 2008 be?
Tax each gallon consummed by as little as a penny and we will be on our way to solving our debt problem - We just need to make sure that the Politicians direct the amount to the debt not to their pork programs.
I don't want to get too political but increasing taxes on gasoline by a penny would of course help to raise revenues but not much. At a penny a gallon and assuming consumption stays the same at around 140 billion gallons, that would raise 1.4 billion in new revenue. But with the CBO estimating that the 2011 deficit will be around 1.6 trillion, it wouldn't do anything to solve the debt already acquired but would slow down the rate of new debt but only by a very small amount. Just adding it in my head, the tax would have to be raised over $100 per gallon just to offset this year's deficit.
That would be a $10 per gallon tax to offset this year's deficit.
What part of "Oil Companies DON'T PAY TAX, consumers do", don't we understand. If the Congress wants to set the profit percentage that Oil Companies should be limited to, then it would only be fair the set the same profit limit for all the rest of the businesses. That way we all could save a lot of money on our Iphones (Apples profit on an Iphone is around 49%). Taxes on Oil Companies are not paid by the stock holders, all of the taxes are passed on to the consumers. Thats you and me and I am tired of paying so much tax, for othe people.
It seems that we are using gas at about 400 gallons per person per year. The rise in prices last year takes about $2000 out of the pocket of a family of five. If gas went down a dollar per gallon we would have a much more robust economy. But it seems that gas is now priced on a world market, so even the talk about Gulf of Mexico production is not going to change the price to the US consumer.
The cold hard truth is this: Every time a tax is invented, raised, or renewed, the government always spends above and beyond the projected (perceived) additional revenue. There has never, and I mean never been one single case in which this is not true.
The perception that higher taxes produces additional revenue is also blatently false in reality. There has never, and I mean never been a case in which any tax rate above 12-14% ever produced more revenue in the long term. Not one single stinking time.
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