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Ok this chart is Staggering… Look at daily consumption levels… how much long can this go on

 
beeches

User ID: 28167778
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01/09/2014 10:10 PM

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Re: Ok this chart is Staggering… Look at daily consumption levels… how much long can this go on
[link to www.eia.gov]

According to this EIA chart, it looks like a lot more than 24 years since the US had this low fuel demand.

A. Average car on the road is 11 years old so don't tell me about fuel efficiency
B. Population/ immigration up roughly 10 million in last 5 years

Conclusion: again nothing is real in this economy…no organic growth… zero demand… all propped up by printing... how much longer can this go on!
 Quoting: Siredamus 17255055


Here is a chart of gas prices for the same years:

[link to zfacts.com]

The big oil companies are still making record profits. Look at Exxon/Mobil. Record quarter after record quarter. Higher gas prices, lower consumption. Exxon still makes the same profit. It is all a big con job.
 Quoting: machobird


these two posts are not in contradiction to each other.
Liberalism is totalitarianism with a human face – Thomas Sowell
LogicBomber

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01/09/2014 10:11 PM
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Re: Ok this chart is Staggering… Look at daily consumption levels… how much long can this go on
this one is interesting as well. look at the volatility near the end. How did we almost triple the volume of refined gas exporting since Obama has been in. Sounds odd for a clean energy guy huh? Those numbers look really odd. The up and down swings look like the last jerking of a spinning top.

[link to www.eia.gov]

Last Edited by The Rickest Rick Sanchez on 01/09/2014 10:12 PM
The universe is basically an animal. It grazes on the ordinary. It creates infinite idiots just to eat them.

The Rickest Rick Sanchez comments are meant for entertainment purposes only and should not be construed to reflect the feelings and opinions, implied or expressed, of the author.
OneFootUnder

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01/09/2014 10:12 PM
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Re: Ok this chart is Staggering… Look at daily consumption levels… how much long can this go on
[link to www.eia.gov]

According to this EIA chart, it looks like a lot more than 24 years since the US had this low fuel demand.

A. Average car on the road is 11 years old so don't tell me about fuel efficiency
B. Population/ immigration up roughly 10 million in last 5 years

Conclusion: again nothing is real in this economy…no organic growth… zero demand… all propped up by printing... how much longer can this go on!
 Quoting: Siredamus 17255055


It will decrease even further until the end of May, then it will increase and increase, it will continue to increase for a couple of years... Until the final collapse, at the end of 2027, early Beginnings of 2028 or something.

Take care. hf
Kirk

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01/09/2014 10:15 PM
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Re: Ok this chart is Staggering… Look at daily consumption levels… how much long can this go on
People are fuckin broke. Who can afford to go driving all over hell? I go to work and home and chose my house because it's close to work.
 Quoting: Taz


I hear ya
Government is a body largely ungoverned.
Anonymous Coward
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01/09/2014 10:15 PM
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Re: Ok this chart is Staggering… Look at daily consumption levels… how much long can this go on
I would like to see production numbers on that graph, too.
 Quoting: Zetetic


Domestic, exports, imports. Need that data.
BattlesightZero

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01/09/2014 10:15 PM
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Re: Ok this chart is Staggering… Look at daily consumption levels… how much long can this go on
You can put anything on a chart. I live in the real world and can tell you that the traffic hasn't been cut in half.
 Quoting: Anonymous Coward 50764616


Rush hour probably still looks about the same... it is discretionary driving that takes the hit first and worst.

Another component buried in that fuel consumption statistic is commercial transportation and air-travel. Less trucks on the road, and less flights running daily make a big difference.

3rd order effect of less commercial traffic - the cost of surplus shipping containers has gone down substantially. Good for the preppers out there.
BattlesightZero

YOU, and only YOU are responsible for maintaining the balance of power between you and the rest of the semi-sentient beings in this world. You cannot disclaim or delegate that responsibility; it is a function of being a living, breathing "adult" in this world. If you can't manage yourself on those terms, someone else *will* manage you on their terms. Your terms are irrelevant. Buy a rifle; prepare to defend yourself. If you don't, what happens is *your* fault. Period.
Anonymous Coward
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01/09/2014 10:16 PM
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Re: Ok this chart is Staggering… Look at daily consumption levels… how much long can this go on
I mentioned a while back about people giving up their automobile

Couldn't make Mortgage payment and car payment/insurance
Copperhead

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01/09/2014 10:16 PM

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Re: Ok this chart is Staggering… Look at daily consumption levels… how much long can this go on
I am going to guess that it is due to us not selling oil to certain foreign nations who are slowly transitioning to getting theirs elsewhere. We are using probably the same or a little more, but everyone else is reducing consumption of what we produce. That's why domestic prices have stayed relatively low compared to the jumps they were having a few years ago.

Just a guess. that and the fact that real unemployment levels are triple the reported numbers doesn't hurt either.
 Quoting: LogicBomber


True… I am in consulting… Here is the situation, all thats being hired is temp why? Its a variable cost… SS taxes up from 4.8 to 6.2% , payroll tax extension gone, Obama-nightmare… Companies need to meet productivity goals without raising headcount! I have seen a Demand for AP (accounts payable) clerks like never before…. Why? cause companies need to push out there payables from 30- 45 - 60 days… they don't have any $$$
 Quoting: Siredamus 17255055


Anything over 30 days for my business and they get charged 1.5% per month, but then everyone I deal with knows this and it is clearly stated on my invoices.
falco-herent

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01/09/2014 10:16 PM
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Re: Ok this chart is Staggering… Look at daily consumption levels… how much long can this go on
People are fuckin broke. Who can afford to go driving all over hell? I go to work and home and chose my house because it's close to work.
 Quoting: Taz


My family car used to average 18,000 miles a year, the last three years its been below 10,000. We watch and conserve ,vacations have become a big event , no more 200 to 300 mile excursions monthly.
“One of the saddest lessons of history is this: If we’ve been bamboozled long enough, we tend to reject any evidence of the bamboozle. We’re no longer interested in finding out the truth. The bamboozle has captured us. It’s simply too painful to acknowledge, even to ourselves, that we’ve been taken. Once you give a charlatan power over you, you almost never get it back.” – Carl Sagan
BattlesightZero

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01/09/2014 10:20 PM
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Re: Ok this chart is Staggering… Look at daily consumption levels… how much long can this go on
this one is interesting as well. look at the volatility near the end. How did we almost triple the volume of refined gas exporting since Obama has been in. Sounds odd for a clean energy guy huh? Those numbers look really odd. The up and down swings look like the last jerking of a spinning top.

[link to www.eia.gov]
 Quoting: LogicBomber


Since 2006 we've been selling refined fuel to China, India, and other nations. We never used to export refined product. Period. That's why gas was cheaper in the winter, and diesel was cheaper in the summer...had to sell off the surplus product within the domestic market. Bush broke that when he lifted the prohibition on sales of refined petroleum to other than NATO "trading partners".

Talk about de-regulating the petroleum companies - he gave them a blank check!!!
BattlesightZero

YOU, and only YOU are responsible for maintaining the balance of power between you and the rest of the semi-sentient beings in this world. You cannot disclaim or delegate that responsibility; it is a function of being a living, breathing "adult" in this world. If you can't manage yourself on those terms, someone else *will* manage you on their terms. Your terms are irrelevant. Buy a rifle; prepare to defend yourself. If you don't, what happens is *your* fault. Period.
Anonymous Coward
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01/09/2014 10:22 PM
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Re: Ok this chart is Staggering… Look at daily consumption levels… how much long can this go on
I am going to guess that it is due to us not selling oil to certain foreign nations who are slowly transitioning to getting theirs elsewhere. We are using probably the same or a little more, but everyone else is reducing consumption of what we produce. That's why domestic prices have stayed relatively low compared to the jumps they were having a few years ago.

Just a guess. that and the fact that real unemployment levels are triple the reported numbers doesn't hurt either.
 Quoting: LogicBomber


These are gasoline retail sales, not crude barrel sales.

As a small retailer dependent on tourism, I can tell you
that when gas prices shot up from less than $2 per gallon
to nearly $4 per gallon in 2007/08, two major things
happened.

Tourism dropped to record lows, and tens of thousands of
homes went into foreclosure.

APS was losing $5 million per month due to lack of billing
revenue. (Statewide electricity provider in AZ)
35,000 homes in the confines of the city of Phx foreclosed
immediately, and tens of thousands more later.

These figures are comparative to the rest of the nation,
give or take 10% plus or minus.

The other shoe to drop over the next several years was
jobs. The real unemployment rate by raw figures, is at
about 30% right now. Of jobs left, 40% are represented
by employees of federal, state and local jobs, NON
PRODUCTIVE, NO PRODUCING JOBS. Their paychecks represent
debits on the debt side of the accounting sheet at the
Federal Reserve.

THE JOBS ARE ALL ADMIN. NO SCREWDRIVERS. Meaning,
no construction, no manufacturing, no sand candles to take
to market, no crops. We are eating the produce of Mexico
and South America and growing nothing but poison GMO
corn for high fructose corn syrup and soybeans for filler.

Save your nation. Manufacture something, market it, produce
it, take it to direct market. Get out of debt and stop using
credit to the greatest degree possible. Get out of banks
and be your own bank.

We are in big big trouble. Turn off the propaganda machine
and get out in the communities. Talk to real people and
stop looking at well groomed media circus clowns.
Anonymous Coward
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01/09/2014 10:23 PM
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Re: Ok this chart is Staggering… Look at daily consumption levels… how much long can this go on
Should I? :

A) Drive to get a pizza, when I can make it at home for 1/2 the money at twice the quality. Or I can pop in a digorno which is the the exact same GMO crap made in the exact same way they do at a chain?

B) Drive to a job every day for $12/hr, when 1/5 people are on subsidies that effectively pay more than that?

C) Drive to a movie theater with one other person and pay $60+ for one movie when you can get six months of netflix for that?

D) Drive to a concert/sports event when I can watch the best performances of every band that has ever been recorded in the comfort of my home, on $30 headphones that sound better than millions of dollars of gear and idiots screaming and talking. I can also pay $2 a drink for good stuff. Instead of $12 for piss water. I can also use my own toilet.

E) drive to a retail location. Any retail. Park, walk, get harassed, pay 10% more and sales tax than what I could get is shipped from an internet retailer for free?

... etc ...

The next big shoe to drop is people unloading all the collectibles they kept before the internet.
Anonymous Coward
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01/09/2014 10:24 PM
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Re: Ok this chart is Staggering… Look at daily consumption levels… how much long can this go on
People aren't commuting in from the suburbs to the higher paying jobs in the city because those are disappearing. Now they sit on unemployment or work at their neighborhood Walmart.

Also, because of the "brilliant" cash for clunkers rebates of 2009-2010, many many used vehicles that were affordable to the poor and young were destroyed.

Gen Y kids aren't as into cars as the previous generations, either out of choice or lack of funds:

[link to business.time.com]
Nickadeemus

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01/09/2014 10:25 PM
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Re: Ok this chart is Staggering… Look at daily consumption levels… how much long can this go on
swaze

Devistating

Nick@
Pure Life; Get it on...
Anonymous Coward
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01/09/2014 10:25 PM
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Re: Ok this chart is Staggering… Look at daily consumption levels… how much long can this go on
People are fuckin broke. Who can afford to go driving all over hell? I go to work and home and chose my house because it's close to work.
 Quoting: Taz


Yep....same here cheers
Anonymous Coward
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Mexico
01/09/2014 10:25 PM
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Re: Ok this chart is Staggering… Look at daily consumption levels… how much long can this go on
[link to www.eia.gov]

According to this EIA chart, it looks like a lot more than 24 years since the US had this low fuel demand.

A. Average car on the road is 11 years old so don't tell me about fuel efficiency
B. Population/ immigration up roughly 10 million in last 5 years

Conclusion: again nothing is real in this economy…no organic growth… zero demand… all propped up by printing... how much longer can this go on!
 Quoting: Siredamus 17255055


Never let it be forgotten:

"EVERY TIME WE DO SOMETHING, YOU TELL ME AMERICANS WILL DO THIS AND WILL DO THAT. I WANT TO TELL YOU SOMETHING VERY CLEAR: DON'T WORRY ABOUT AMERICAN PRESSURE ON ISRAEL;

WE, THE JEWISH PEOPLE, CONTROL AMERICA. AND THE AMERICANS KNOW IT."

-- Israeli Prime Minister Ariel Sharon
October 3, 2001
(IAP News)
Anonymous Coward
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01/09/2014 10:27 PM
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Re: Ok this chart is Staggering… Look at daily consumption levels… how much long can this go on
The official death of the road trip because everyone is too damned broke. That's sad. I bet there are alot of us here from the time we were little remember doing that. Just one more thing they try and take from us.
Anonymous Coward
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01/09/2014 10:28 PM
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Re: Ok this chart is Staggering… Look at daily consumption levels… how much long can this go on
You don't get it, that's been the liberal plan all along.... they don't care about the economy they are all celebrating their decline in using fossil fuels... period. They throw nightly parties over those figures..

I recommend a life time pin.
Anonymous Coward
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01/09/2014 10:31 PM
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Re: Ok this chart is Staggering… Look at daily consumption levels… how much long can this go on
I am going to guess that it is due to us not selling oil to certain foreign nations who are slowly transitioning to getting theirs elsewhere. We are using probably the same or a little more, but everyone else is reducing consumption of what we produce. That's why domestic prices have stayed relatively low compared to the jumps they were having a few years ago.

Just a guess. that and the fact that real unemployment levels are triple the reported numbers doesn't hurt either.
 Quoting: LogicBomber


this is retail domestic sales.
Founders Fan

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01/09/2014 10:34 PM
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Re: Ok this chart is Staggering… Look at daily consumption levels… how much long can this go on
But I just saw on the news that unemployment is down! How can this be!? :O
 Quoting: calx


they don't count people that have given up or no longer get unemployment benefits
If something can corrupt you, you're corrupted already.

Bob Marley

“The duty of a patriot is to protect his country from its government.”
THOMAS PAINE (1737-1809)

Do not pray for an easy life, pray for the strength to endure a difficult one. Bruce Lee
tiger1

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01/09/2014 10:35 PM

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Re: Ok this chart is Staggering… Look at daily consumption levels… how much long can this go on
Everyone is cutting expenses. We carpool to church, the grocery store, etc. We plan all trips ahead of time, to get all errands done in a row, with no side trips.
Praise God from Whom all Blessings flow !!!
Anonymous Coward
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01/09/2014 10:36 PM
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Re: Ok this chart is Staggering… Look at daily consumption levels… how much long can this go on
Quick peek at the chart…

Gas Retail Sales By Refiners

July 1998 67,183.3 per day ...Highest on record !

>> Sept 2013 23,575.3 per day …Lowest on record !<<
Anonymous Coward
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01/09/2014 10:38 PM
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Re: Ok this chart is Staggering… Look at daily consumption levels… how much long can this go on
electric cars
 Quoting: Anonymous Coward 50241054


Yeah there are like 4 electric cars on the road. Good job dumbass.
Jonquilmusic

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01/09/2014 10:43 PM
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Re: Ok this chart is Staggering… Look at daily consumption levels… how much long can this go on
Shocking. Not what I expected at all. Great thought-provoking material.
hf
Anonymous Coward
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01/09/2014 10:44 PM
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Re: Ok this chart is Staggering… Look at daily consumption levels… how much long can this go on
tells you that wall street numbers are 99% lies 1 percent fact...
Anonymous Coward
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01/09/2014 10:45 PM
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Re: Ok this chart is Staggering… Look at daily consumption levels… how much long can this go on
Quick peek at the chart…

Gas Retail Sales By Refiners

July 1998 67,183.3 per day ...Highest on record !

>> Sept 2013 23,575.3 per day …Lowest on record !<<

 Quoting: Anonymous Coward 16074559


Now what was the average retail price per gallon, including taxes in both of those time periods?
Anonymous Coward
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01/09/2014 10:47 PM
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Re: Ok this chart is Staggering… Look at daily consumption levels… how much long can this go on
DO unto babylon double what she has done unto you...
Anonymous Coward
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01/09/2014 10:48 PM
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Re: Ok this chart is Staggering… Look at daily consumption levels… how much long can this go on
But I just saw on the news that unemployment is down! How can this be!? :O
 Quoting: calx


they don't count people that have given up or no longer get unemployment benefits
 Quoting: Founders Fan


I know I was just being snarky.
glassses
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01/09/2014 10:50 PM
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Re: Ok this chart is Staggering… Look at daily consumption levels… how much long can this go on
I surmise that if you compared a chart with milk prices from 2008-2014 you would see an inverted pattern
Anonymous Coward
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01/09/2014 10:52 PM
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Re: Ok this chart is Staggering… Look at daily consumption levels… how much long can this go on
Remember..... Lets Save the banks.
 Quoting: Anonymous Coward 52197375


Yes, but if we don't save the banks, it's bye-bye for everyone. It sucks, but that's the way it is.





GLP