Saturday, November 12, 2011

The Future of Gasoline

Fact I - "U.S. refineries produce about 19 gallons of motor gasoline from one barrel (42 gallons) of crude oil. The remainder of the barrel yields distillate and residual fuel oils, jet fuel, and many other products. Refinery yields of individual products vary from month to month as refiners focus operations to meet demand for different products and maximize profits". U.S. Energy Information administration

Fact II - The average car holds from 11 to 20 gallons of fuel. Can you just imagine the amount of liquid fuel is just traveling down the busy highways?

Fact III - Americans travel 12k - 18K miles a year. Burning fuel at a rate 12 to 30 miles per gallon.

Fact IV - Semi Trucks carry 100 to 200 gallons of diesel fuel on board a single unit. Burning fuel at the rate of 7 to 15 miles per gallon.

Fact V - From the view of the fuel industry this means banner profits and job security.

The vision the I was hope to create was the enormously huge environmental problem we have created. We are presently seeing automotive companies starting to make the change to electric and hybrid vehicles to address this situation, but the price of the electric vehicles are deterring rapid change. The innovations of the future will have to find a way to bring these costs down to compete with the almost antique method of carbon burning for supporting our transportation needs.

Recently International Energy Agency (IEA) has released some information and analysis that I found interesting. Read more about this report: World Energy Outlook.

This blog is designed to encourage and help us come up with ideas to change the world for the better. Here is a place to make huge impacts on our future by inventions, business models, creative marketing and developing competitive strong methods and plans to overcome the antiquated, well established oil corporate giants. We're recruiting today's Davids to take on Goliath again!

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I'm always excited to hear and see your ideas. Together we will build a better world.