Thursday, January 18, 2007

Oil

$50/barrel of crude oil today.

What the hell is a barrel in real measurements?
42 gallons.
Um. Gallons isn't a real measurement.
159 Liters.
Much better.

So, what are the us inventory levels today in real measurements?
crude stocks jumped by 6.8 million barrels == +954000000Liters == 954000KiloLiters == +954MegaLiter.

So, what is the total US Oil Reserve right now?
314.5 Million Barrels == 50005 MegaLiters == 50.005 GigaLiters US Total Reserve.

So, how many weeks could the US survive with no new oil?
50,005 ML/ 954 ML /week == 52 weeks == 1 year

Interesting.

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