Wednesday, August 31, 2016

US Gasoline Consumption Reaches All-Time High For Any Month -- Going All The Way Back To 1945 -- August 31, 2016

From the EIA today:
The U.S. Energy Information Administration's new Petroleum Supply Monthly report, which was released on Wednesday afternoon, shows that U.S. gasoline consumption in June reached an all-time high for any month at 9.664 million barrels per day, based on EIA data going back to 1945.
This is the link they provided:

I like this one. The EIA is doing the same thing I "used" to do: I equated "gasoline consumption" with "US product supplied of finished motor gasoline."

In fact, two points another reader pointed out to me:
  • "product supplied" does not necessarily mean "product consumed" 
  • "supplied blended gasoline" was significantly higher, and Americans generally use blended gasoline these days
In fact, "we've" been well over 9.664 million bbls of blended gasoline -- having hit that milestone periodically all the way back to 2013.

I do not know if "US finished motor gasoline" includes gasoline that is eventually exported -- a small amount in the big scheme of things, but could affect records.

Lots of "definitions" and a lot of qualifiers, but it must drive faux-environmentalists nuts, driving their SUVs to the local protest movement, and hearing that U.S. gasoline consumption in June reached an all-time high for any month at 9.664 million barrels per day, based on EIA data going back to 1945.

Some folks may remember what happened in 1945, and what happened in the decade following. 

Speaking of blended gasoline, did you all read the WSJ article today that said there's a glut of US corn, and prices are falling fast. By the way, did you see one of the reasons why there are record crops this year?
Clement weather this summer has fueled expectations that U.S. farmers will harvest the largest U.S. corn and soybean crops in history. The USDA earlier this month projected that the nation’s corn crop will reach about 15.2 billion bushels, and the soybean crop about 4.1 billion bushels.
So much for "extreme weather" destroying US crops. And, oh, by the way, that little bit of CO2 is doing great things for corn crops. Both "upstream" and "downstream." LOL.

A Note for the Granddaughters
Making The Rounds In Social Media Today

Making social media today:
Humans originally existed as members of small bands of nomadic hunter/gatherers. They lived on deer in the mountains during the summer and would go to the coast and live on fish and lobster in the winter.

The two most important events in all of history were the invention of beer and the invention of the wheel.

Beer required grain and that was the beginning of agriculture. Neither the glass bottle nor aluminum can were invented yet, so while our early humans were sitting around waiting for them to be invented, they just stayed close to the brewery. That's how villages were formed. The wheel was invented to get man to the beer.

These two were the foundation of modern civilization and together were the catalyst for the splitting of humanity into two distinct subgroups: 1. Liberals. 2. Conservatives.

Some men spent their days tracking and killing animals to BBQ at night while they were drinking beer. This was the beginning of what is known as the Conservative movement.

Other men who were less skilled at hunting learned to live off the conservatives by showing up for the nightly BBQ's and doing the sewing, fetching, and hair dressing. This was the beginning of the Liberal movement.

Some of these liberal men evolved into women. Others became known as girlie-men. Some noteworthy Liberal achievements include the domestication of cats, the invention of group therapy, group hugs, and the concept of democratic voting to decide how to divide the meat and beer that Conservatives provided.

Over the years, Conservatives came to be symbolized by the largest, most powerful land animal on earth, the elephant. Liberals are symbolized by the jackass for obvious reasons.

Modern Liberals like "Lite" beer (with lime added), but most prefer white wine or imported bottled water. They eat raw fish but like their beef well done. Sushi, tofu, and vegan are standard Liberal fare. Another interesting evolutionary side note: many Liberal women have higher testosterone levels than their men.

Most college professors, social workers, personal injury attorneys, journalists, film makers in Hollywood, group therapists and community organizers are Liberals. Liberals meddled in our national pastime and invented the designated hitter rule because it wasn't fair to make the pitcher also bat.

Conservatives drink real beer. They eat red meat and still provide for their women. Conservatives are big game hunters, rodeo cowboys, lumberjacks, construction workers, firemen, medical doctors, police officers, engineers, corporate executives, athletes, members of the military, airline pilots, and generally anyone who works productively. Conservatives who own companies hire other conservatives who want to work for a living.

Liberals produce little or nothing. They like to govern the producers and decide what to do with the production. Liberals believe Europeans are more enlightened than Americans. That is why most of the Liberals remained in Europe when Conservatives were coming to America. They crept in after the Wild West was tamed and created a business of trying to get more for nothing.

Here ends today's lesson in world history. It should be noted that a Liberal may have a momentary urge to angrily respond to this post. A Conservative will simply laugh and be so convinced of the absolute truth of this history that it will be shared immediately to other true believers and to just tick off more liberals.

And there you have it. Let your next action reveal your true self. I'm going to have another beer and shoot something.

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