What You Can Buy With America’s Daily Oil Consumption

It is no secret that the U.S. has long been the world’s dominant oil consumer. According to the EIA, America uses approximately 18.9 million barrels of crude per day; that nets out to nearly 7 billion barrels per year, an astonishing figure. What’s more is that the next nearest consumer is China, who utilizes 9.8 million barrels each day. Each day, the U.S. spends exorbitant amounts of money on this fossil fuel. Assuming a price of $95/barrel, $1.795 billion is spent each day on crude oil in America; that is over $655 billion annually [for more oil news and analysis subscribe to our free newsletter].

Visualizing just how much $1.795 billion is worth can be a tall order. Below, we take a step back and show you all of the things you could buy with just one day of U.S. oil consumption to give you a better idea of just how much we rely on this commodity.