[thackney]

US consumption consist of a lot more than gasoline. Gasoline is less than half our petroleum consumption.

The US consumes about 9 MMBPD of gasoline. The World consumes about 85 MMBPD of crude oil.

20% of 9 = 1.8

1.8 = 2.11% of 85

[tatown]

“US consumption consist of a lot more than gasoline. Gasoline is less than half our petroleum consumption.
The US consumes about 9 MMBPD of gasoline. The World consumes about 85 MMBPD of crude oil.

20% of 9 = 1.8”

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It takes roughly 2 gallons of crude to produce 1 gallon of gas, thus, if the US consumes 9MM bbls of gasoline/day, a 20% reduction would translate into a 1.9MM bbl/day reduction of gasoline. Since it takes 2 parts crude to produce 1 part gasoline, this would equate to a roughly 3.8MM bbl/day reduction in crude consumption.

3.8MM bbl/85MM bbl = 4.5% global crude reduction.