Do you know, the US uses

[BeyGon]

Do you know the US uses %25 percent of the worlds oil and has %3 of the reserves,

the comercial I hear all the time,


I am not sure about the reserve part but,
Do you know the US is the top producing nation in the world using %25 of the oil.
Do you know California is 7th.
That is a lot of production.

[red-beard]

We also produce more than 25% of GDP for the world...

[kstar]

America is solely responsible for the MILF phenomenon as well.

And, yes, I am proud.

[cmccuist]

Originally Posted by red-beard

We also produce more than 25% of GDP for the world...

That's right. The GDP of the whole world is about $54 trillion/year. The US GDP is about $13 trillion/year.

The next closest country is Japan with about $4 tillion followed by Germany at $3.5 tillion.

It's basically us and then everybody else. No one else is even close.

Another thing. The entire GDP of the Arab League natinons, plus Iran (not an Arab league nation) is $1.7 trillion. The GDP of Italy is also $1.7 trillion.

Nice productivity for 1 billion people.

[BeyGon]

Originally Posted by kstarnes

America is solely responsible for the MILF phenomenon as well.

And, yes, I am proud.

Yes and she didn't have to bang Mick Jaeger to be there.

[Pazuzu]

Originally Posted by cmccuist

That's right. The GDP of the whole world is about $54 trillion/year. The US GDP is about $13 trillion/year.

If that's true, then despite red-beard's claim, we produce LESS than 25% of the world's GDP with 25% of the world's oil usage.

Someone is wrong here.

[kstar]

Originally Posted by Pazuzu

. . . snip . . .

Someone is wrong here.

This is PPOT, so say it ain't so!!!

[Pazuzu]

Originally Posted by kstarnes

This is PPOT, so say it ain't so!!!

It's dipso's fault, isn't it? Those damned commie pinko liberals

[tcar]

T. Boone Pickens.

[old man neri]

GDP ranking

65 Tri a year for the world, 13.8 for the US and if you consider the EU as a whole they sit slightly above at 14.4

Oil Production

The US produces of 10% of the oil.

[ur=https://www.cia.gov/library/publications/the-world-factbook/rankorder/2174rank.html]Oil Consumption[/url]

The US consumes approx 25%, EU not far behind.

Proven reserves

Looks like it's closer to about 1.6%. As expected, Middle east, Venezuela. Canada, and Russia are the bigger holders.

Other facts, US is the 2nd biggest importer behind the EU.


The scarier fact maybe the the Current Account Balance

What do all these numbers mean or imply? I don't really know. I guess it means the US likes to use oil but so does every other country. It would be interesting if someone had a table of oil consumption per capita.

cheers.

[Mule]

Originally Posted by cmccuist

That's right. The GDP of the whole world is about $54 trillion/year. The US GDP is about $13 trillion/year.

The next closest country is Japan with about $4 tillion followed by Germany at $3.5 tillion.

It's basically us and then everybody else. No one else is even close.

Another thing. The entire GDP of the Arab League natinons, plus Iran (not an Arab league nation) is $1.7 trillion. The GDP of Italy is also $1.7 trillion.

Nice productivity for 1 billion people.

But they are far and away the leaders in suicide bombing.

[hardflex]

184
Italy $ -47,250,000,000 2007 est.
185
Australia $ -56,200,000,000 2007 est.
186
United Kingdom $ -136,200,000,000 2007 est.
187
Spain $ -145,600,000,000 2007 est.
188
United States $ -738,600,000,000 2007 est.


WOW! we better crank up the printing presses.