What does 303 billion barrels of Venezuelan oil look like?
Briefly

What does 303 billion barrels of Venezuelan oil look like?
"A barrel contains 159 litres of crude oil, or 42 gallons. To use this oil, it must be refined. The refining process produces various products, including petrol, diesel, jet fuel and numerous household items, such as cleaning products, plastics and even lotions. Once refined, a barrel typically produces about 73 litres, or 19.35 gallons, of petrol to power cars and trucks."
"A pick-up truck that can drive 24 miles on 1 gallon of petrol, or 100km on 10 litres, can travel about 730km, or 450 miles, from one barrel of oil. Put another way, one barrel of crude oil can fuel that pick-up on a trip from New York City to Cleveland, Ohio. (Al Jazeera) Now let's scale that up to US national consumption."
A barrel of crude oil contains 159 litres (42 gallons) and must be refined to produce usable products. Refining yields petrol, diesel, jet fuel and many household items such as cleaning products, plastics and lotions. After refining, a barrel typically yields about 73 litres (19.35 gallons) of petrol for vehicles. A pick-up that achieves 24 miles per gallon (100 km per 10 litres) can travel roughly 730 km (450 miles) on the petrol from one barrel. The United States has about 285 million vehicles and consumes nearly 9 million barrels of petrol daily. If Venezuela's crude were all refined into petrol, it could supply US vehicles for roughly 40 years at current consumption rates.
Read at www.aljazeera.com
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