The blood running in the veins of this world is O-I-L known in other words as BlackGold and more cohesively as spoil child of petro-Dollar mega merger.
This is some info that my gullible mind can not digest.
Worlds daily oil production is 85 mill b/day ( it will start decreasing after 20 years and evaporate in 30 years )
China and India has combined population of 2.5 billion ( 1/3 , 38% of worlds total population) and they need total 15 mill b / day , roughly 20% of world’s total oil production. Despite being leader of economic growth during past several years
Now here comes The great supper power USA :
tolal population :
330 million (5/100 , 5 % of worlds total population)
Daily need of oil :
22 million barrel /day
Share of total production :
roughly 30% of worlds daily produciton of Oil
**What are they doing with so much excessive fuel ??? **
The blood running in the veins of this world is O-I-L known in other words as BlackGold and more cohesively as spoil child of petro-Dollar mega merger.
This is some info that my gullible mind can not digest.
..................................
They are not stealing it , they buy it and pay hard cold cash for it.
The blood running in the veins of this world is O-I-L known in other words as BlackGold and more cohesively as spoil child of petro-Dollar mega merger.
This is some info that my gullible mind can not digest.
Worlds daily oil production is 85 mill b/day ( it will start decreasing after 20 years and evaporate in 30 years )
China and India has combined population of 2.5 billion ( 1/3 , 38% of worlds total population) and they need total 15 mill b / day , roughly 20% of world's total oil production. Despite being leader of economic growth during past several years
Now here comes The great supper power USA :
tolal population :
330 million (5/100 , 5 % of worlds total population)
Daily need of oil :
22 million barrel /day
Share of total production :
roughly 30% of worlds daily produciton of Oil
*What are they doing with so much excessive fuel ???? *
The blood running in the veins of this world is O-I-L known in other words as BlackGold and more cohesively as spoil child of petro-Dollar mega merger.
This is some info that my gullible mind can not digest.
Worlds daily oil production is 85 mill b/day ( it will start decreasing after 20 years and evaporate in 30 years )
China and India has combined population of 2.5 billion ( 1/3 , 38% of worlds total population) and they need total 15 mill b / day , roughly 20% of world's total oil production. Despite being leader of economic growth during past several years
Now here comes The great supper power USA :
tolal population :
330 million (5/100 , 5 % of worlds total population)
Daily need of oil :
22 million barrel /day
Share of total production :
roughly 30% of worlds daily produciton of Oil
*What are they doing with so much excessive fuel ???? *
After u are done with laughing, can u please tell us what's so amusing about it?
The crucial element that limits and holds back the amount of consumer demand and hence the price is the amount of money in the consumers’ possession. It does not matter if the United States is 5% of the global population or 25%, what matters is who has the money to keep up with their demand for the oil.
lol population percentages. lol someone complain about Japan as well, they use 14.8 mb/day which is China + India and they are 2% of the global population. like OMFG *What are they doing with so much excessive fuel ???? ITS THE JEWSSSSSS
*
they use so much because oil is cheap, and does not currently have the long term environmental damage priced into it. americans can afford to guzzle so much gas monetarily - they can pay for it; indians, chinese etc might have huge populations but they can't afford it.
all this talk of oil production peaking and drying has been on for decades. so far there has been no conclusive evidence to this. what looks like ginormous oil reserves have been located a few miles deeper than we currently sip from.
The crucial element that limits and holds back the amount of consumer demand and hence the price is the amount of money in the consumers’ possession. It does not matter if the United States is 5% of the global population or 25%, what matters is who has the money to keep up with their demand for the oil.
lol population percentages. lol someone complain about Japan as well, they use 14.8 mb/day which is China + India and they are 2% of the global population. like OMFG What are they doing with so much excessive fuel ???? ITS THE JEWSSSSSS
Hey why are you wasting your time here kido ? hurry up and go outside and play with your friends. Dont forget to take your water gun with you and open fire on them :BiB:
Let me brief you that your information is **wrong. **Contact you Uncle Sam's peacekeeper sqaud CIA and ask them what is wrong in it. They will tell you that Japan needs total 5 mb/day. which is perfectly fine for one of world's leading economy who make most of world's energy efficient car.
its not about oil dude, every other thing is got double eaten by American's compare to any other country. Call it social prosperity or else,, that's the way it is.
Anyway we pay hard $$$ for that, so you guys can provide "atta" to your awam,.. and bijli.. ;)
I recommend you read this book while im out playing.
Actually you are correct about the stats on Japan. My bad.
Other than that everything I said is pretty much correct.
Buy who cares? If the consumer has the $$$ to pay for a product than no one should have a problem with it. - That is exactly what the free market is about.
still, lol population stats used to disprove demand in a market?? c’mon, try harder.
