How many barrels in a gallon?
Someone should ask her what her plan is to recycle all those empty barrels. 18 million a day adds up.
1/42nd of a barrel is in a gallon of crude oil. Problem with that statement is that there are no containers of crude oil that are 42 gallons in the industy. The 42 US-gallon oil barrel is only a unit of measure, and is no longer a physical container used to transport crude oil— ie. a unit of measure for oil pipelines and oil tankers.
When the market talks about “barrels of oil” it is this unit of measure.
So Granholm has no clue that it is 18.2 Million barrels (ie 42 gallon “barrels” a day)— and the 50 million barrels removed from US Strategic Reserve is 2.78 days of US oil consumption— and will make ZERO impact on gasoline end user prices. 42 x 50 million= 2 Billion 100 Million gallons of crude—2.78 days.
The idiocy of moving the US Strategic reserve and give/sell it to India and China is mind numbing. No effect on US prices what.so.evah.
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