Posted on 04/05/2011 8:06:37 AM PDT by Red Badger
People need so much gas no matter the cost, but that money will come from other budgets, like eating out or movies or clothing.
Los Angeles county is bad. Even with the car culture we have here, people are starting to take substitutes like public transportation. Some people are starting to fuel in nearby Orange county where the taxes are lower.
I’ll try to find it. Read that quite some time ago. There was a very long list attached of all the products made using oil, you now the drill, shoes, carpet, packaging, etc.
At this site I find a figure of 14.4% for non-fuel use.
That’s 6 year-old information. I’m guessing current non-fuel use would be higher, but 28% does sound much too high given this information. This changes the math calc, but not the concept.
Thanks for the catch. I have submitted a question at http://www.petrostrategies.org/Learning_Center/oil_and_gas_basics.htm. I’ll report on their response.
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