Transcript

Gassed

GASSED Despite an influx of more fuel-efficient vehicles, the average American household spent nearly $3,000 on gasoline in 2012, or about 4 percent of their pre-tax income (which is the highest proportion in history). Find out how we compare with the rest of the world and what we can expect in the coming years. FILL 'ER UP Though we spend more of our total income on gas, consumption actually has dropped overall in the U.S. But we're still by far the most gas-guzzling country on Earth. U.S. CONSUMPTION BY YEAR (THOUSANDS OF BARRELS PER DAY) 1,0,000 9,252 9,285 8,989 8,996 8,993 8,000 2006 2007 2008 2009 2010 CONSUMPTION BY COUNTRY (THOUSANDS OF BARRELS PER DAY, 2010) NOT AVAILABLE 47.48219 100.5138 414.6515 1615.862 8992.655 FROM THE TANK TO THE BANK How much profit are oil companies making with all the money being spent on filling up? PROFITS OF BIG FIVE OIL COMPANIES, 2012 $25.4 BILLION ExxonMobil $13.7 BILLION Chevron $13.4 BILLION Shell ConocoPhillips $5.2 BILLION $4.5 BILLION BP bp IN OTHER WORDS ... Chevron ConocoPhillips ExonMobil Shell BP could fund the college educations of 75,000 Shell could buy a week's worth of food for every resident of |Техas, ConocoPhillips could buy ExxonMobil could buy a new iPhone 5c for every person in Japan. Chevron could pay the salaries of 27,000 Florida, Illinois, 402,000 New York and Pennsylvania combined homes at the median U.S. price. entry-level elementary school teachers. 111 = 10,000 Out of the more than Gas stations average only $22,000 3 to 5 cents spent on gas over the lifetime of an average vehicle bought in 2011, oil companies take in about of profit from each gallon of gasoline sold. They make more profit off the bottled water and candy you buy inside than off the fuel you buy outside. $15,000 =1,000 PAYING AT THE PUMP Yes, Americans are spending more of their income on gasoline, but how does that stack up to what people in other countries spend? Amsterdam US. DOLLARS PER REGULAR GALLON $6.48 Milan $5.96 - London $5.79 Paris $5.54 Dublin $4.78 Tokyo $4.24 Brasilia $3.12 Beirut $2.63 Moscow $2.10 Riyadh $0.91 Kuwait City Caracas $0.78 $0.12 WHAT GOES INTO THE PRICE OF GAS? 12% 7% 10% 71% Тахes Distribution Refining Crude oil and marketing BREAKING OUR ADDICTION? Helping to drive the decline in Americans' consumption of gasoline are automakers offering more fuel-efficient vehicles and Americans simply driving less. FUEL EFFICIENCY 50% --.. 46% between 1980 and 2012 Increase in miles per gallon fuel efficiency of average new passenger car sold in U.S. 1980 2012 AVERAGE NEW CAR FUEL EFFICIENCY IN MILES PER GALLON 40 35.6 28.5 25 24.3 1980 1985 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 NEW FEDERAL FUEL ECONOMY STANDARDS 54.5 MPG 34.1 MPG 50 ............ ... . 40 2016 2025 DRIVING HABITS Nearly I IN I0 uS. homes without a vehicle NO VEHICLE IN HOUSEHOLD 10.5% 9.50% 8.50% 7.50% 6.50% 5.50% 4.50% 3.50% 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 79.7% Increase in regular telecommuting between 2005 and 2012 SOURCES • http://www.eia.gov e http://money.cnn.com e http://www.rita.dot.gov e http://www.globalworkplaceanalytics.com o http://thinkprogress.org • http://store.apple.com o http://money.usnews.com o http://www.gallup.como http://www.fedprimerate.com http://www.UCSusa.org financedegreecenter.com

Gassed

shared by caradelany on Nov 15
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Driving down the road, you’ll notice many hybrid or fuel efficient vehicles. But even with the move toward more environmentally friendly transportation, the United States still consumes the most oi...

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