That can't be right, can it?
We here in the Triad drive 20 million miles a day.
If you assume an average consumption of 20 miles a gallon, that equals 1 million gallons of gasoline used every day in the Triad.
That means we need 55,000 barrels of crude oil refined, daily.
And we're expected to hit 37 million miles a day of driving in 2025.
Those numbers are courtesy of former Winston-Salem planning director Jim Yarbrough who made a presentation to the PART Board of Directors Wednesday on World Oil Consumption. The gist of the overall report was that consumption is going up rapidly, but we're not sure when demand is going to outstrip production. Oh yeah, and using public transit helps cut demand.
