Posted on 05/31/2014 11:02:00 AM PDT by blam
Combination of higher fuel efficiency and flatlining miles driven:
http://www.fhwa.dot.gov/policyinformation/travel_monitoring/14martvt/14martvt.pdf
Page 9
‘Diesel consumption would be a better indicator of the economy’
Yes & no. Diesel would show the actual use of trucks and show the delivery of goods. But gas consumption shows the amount of driving a society is doing. A majority of driving is done to facilitate work. If you do not work, you rarely drive. Or at least you drive much less. Even unemployed people need to buy food and staples.
Most suburbanites drive an average of forty miles per day, 20 miles per day , 200 miles per week for work. With extra driving for picking up and dropping off kids, trips to shopping and the in laws you can expect to drive around 300-350 miles per week. Approximately 1 tank of gas per week. If two people in the household work, or the norm before 2009, two tanks per week per household.
Eliminate one worker per household, half the gas is used.
We KNOW there are 25 million people NOT working that USED to work. Eliminate 25 million jobs, eliminate 25 million tanks per week, 106.25 tanks per month. Average tank for 2010 sedan is 18.5 gallons. 165,625,000 gallons per month. or about 70,000,000 barrels of oil a month. On Average.
That adds up to lots and lots of extra gas and oil NOT being used here and surely being used in China and India.
Unemployed people don’t drive very often.
Since 1792.
Was thinking the same thing! Back in 2009, my liberal brother-in-law made a bet with me that in five years, electric cars would take over the market from gasoline cars, and on top of that there would be no more gasoline-powered cars. We bet $100. I'll try to collect this summer when five years is up. He must be hacking the government gas-use figures!
Unfortunately, he's suffering some dementia now so I'll have to work at prying the money from his hands
Here’s another classic Zero Hedge kook piece:
http://www.freerepublic.com/focus/f-news/3158191/posts
Price goes up, demand goes down. The demand for gasoline was always more elastic than the economists think.
Gotta be all of those new electric cars. Just has to be.
Just more of the same political math that has Obammay still ahead in the polls, icebergs melting from beneath polar bears, and Chewbacca “passing laws” concerning food your kids wont eat and advocating more math that makes their world view “add up”.
I’m tired of this ride.
We can’hardly afford to pay our mortgages and buy food at the same time anymore because of the great Obama economy. Are they really surprised?
There is something obviously wrong with the 75% number.
FAQ from US Dept of Energy:
“How much gasoline does the United States consume?
In 2013, about 134.51 billion gallons1 (or 3.20 billion barrels) of gasoline were consumed2 in the United States, a daily average of about 368.51 million gallons (or 8.77 million barrels). This was about 6% less than the record high of about 142.35 billion gallons (or 3.39 billion barrels) consumed in 2007.”
http://www.eia.gov/tools/faqs/faq.cfm?id=23&t=10
obamanomics
islamism regardless how it’s cut.
Not unexpected, when people dont have jobs, they neither have money or anywhere to go. I guess Pelosi was right about unemployment checks boosting the economy. What do we have now over a million, more? erased off the unemployment rolls receiving no benefits and no work available. What could possibly happen to the economy.
“We can hardly afford to pay our mortgages and buy food at the same time anymore because of the great Obama economy. Are they really surprised?”
No, not at all. It is working out exactly how the Dems planned. I’ve never seen white people reduced to such a state as I see now; we are reaching the Dems’ vision of “equality”. Who do you think most of the new recipients of food stamps are? The gibsmedats were already on the rolls for generations...
If he’s a lib he was already suffering from dementia.
“Going Galt?”
No, going “Red Chinese Peasant”. Americans are fleeing my area, and are replaced by hordes of Aztecs and Incas riding bikes to their under-the-table jobs...
Ridiculous
My first reaction too. I don't believe it.
Oklahoma credit cards .....
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