Does the CIA have data that shows where oil is actually going? How much oil/gas do you use?

Question

Is it being shipped to and from different oil holes and being poured back into the ground in places that it was just pumped from? Who is using all this oil?

I don't use much, so I am not understanding this! The companies with big offices are using solar. So where is all this oil going?

I use 275 gallons a year for heating and 6 gallons a week of gasoline for my wife and I and doing what errands we need to do. Where is it all going? Something is not right!

Answer 1

two million new immigrants a year come to the u.s.  So while you may (or may not) be using less oil, these new immigrants are causing the u.s. to use more oil as a whole.    

And incase you hadn't noticed it, the world's population is also increasing.  More people = more oil, electricity, coal, natural gas, more energy is being consumed.

Answer 2

Nobody is going to pump it back into the ground after they spent all the effort to get it out.  It is worth a lot of money now.

Big countries like China and India, where the people are finally starting to have the spending power to buy consumer goods and cars, are increasing their oil usage very quickly.

You use more oil than you think.  Everything you purchase had to be shipped to the store.  It also had to be created, or mined, or harvested, so you could buy it.  Consumption = oil use.

Answer 3

Population is incresing.

Living status is improving all around global world.

Consumption have increased more!

Solution is try to be wise and use only as neceessary

Increase production capacity.

Solar in figures is too less as compared to Oil/Gas

Answer 4

I am not sure if the CIA knows where the oil is going unless they did their own investigaton to find out.  I do know that our oil is sold elsewhere in other countries and that the U.S.buys oil we use and we should be using ours  for just the cost of getting it out of the ground.  We The People own the land that

is bought by the Government, it was our money that purchased the land to hold in the event we need the minerals, or anything under the ground.

The oil is stock piled and used as currency; it is a great game being played by the  ones that have their money invested in running the U.S.A.  

A little something added to let you know we are being played.   As I look over new developements you see NO

solar used, I would ask myself "Why";  Then in a Sunday

paper I got my answer.  Remember when people were saying they turned to alternative sources, like solar and

were telling us that any extra the Electric companies had to buy back our( xcess;)  (Bush Vocab) well the owner of a business that went all

solar; generated enough to run his business self-supplied by

God's sun and his new system;  BUT to his shock he was told

He can only supply so much solar the rest he HAD TO BUY FROM THE ELECTRIC company.   So what gives??

If I would not have read the story with my own eyes I never would have known. It is clean, cheaper then all this oil c**p;

and only One large home built YEARS ago is using solar panels.  Investigate Skahhh, sir and inform us.  

Peace! (Sp.Ck whirrling again)

Answer 5

They arent pumping it back into the ground.  They may slow down pumping or stop at times and leave it in the ground, until the price increases.  This is just the low dollar, geopolitics and speculation. All the develping countries combined arent growing as fast as oil prices.  China consumes 7-8 million barrels a day and produces about 60 percent of that domestically.  India consumes 2.5 million barrels a day and produces 500,000 themselves. They would have to grow exponentially to equal US consumption of 20 million barrels a day.  In all commodity futures markets there are speculators who trade the commodity without actually taking possession of it.  They provide a liquid market for those who actually do take delivery of the commodity, and pretty much set the price.  Low interest rates, and cheap and abundant capital also add fuel to speculation.

Answer 6

India, China, Latin America, eastern Europe, etc.  You have heard the term "developing economies" haven't you?