America is severely addicted to fuel, and we’re not helping with our low gas prices and federal funding for highways instead of public transit. You may complain about the price of your fuel, but it’s nothing compared to countries like Turkey, which pay nearly $10 a gallon, or even compared to the international average, which we fall $2.72 below. Our cars drive 7 billion miles and use up 18 million barrels of fuel in a single day – a full third of the world total of 53 million barrels per day. How long can this continue?
Have you ever wondered how oil in the ground becomes gas in your car gas tank? Well, you’re in luck. In the infographic below, Tradequip shows all the stages that oil goes through to get to your car. Next time you’re at the pump you can take a second to appreciate all the work it took to get your gas to you.
North Dakota oil is booming, and business has never been better. But costs are rising, and many of those businesses in the oil industry are losing funds. Learn how accounts receivables factoring allows those businesses to stay afloat and thrive as costs rise in the following infographic from Millennium Funding.
As both an essential resource as well as a finite one in our world, oil is often at the root of many conflicts. This infographic, published by Fuel Freedom, shows you where the United States gets its oil and why gasoline is at the high cost that it is currently.
Black gold – Texas tea. Whatever you call it, crude oil is a sought-after resource that drives the world economy. In this infographic from Fuel Freedom, discover how oil prices affect the U.S. economy and who’s hurting the most.