April 26, 2005

$165,000,000,000

Out of extreme boredom, I decided to do a little math.

According to my little "Money spent on war in Iraq" icon, we have spent over $165 Billion ($165,000 million for people in some countries) on the war.

Crude oil is at around $50 a barrel.

US oil consumption is around 20.4 million barrels a day (2004 figure).

$165 billion (US) will buy 3.3 Billion (US) barrels of oil.

If we consume 20.4 million barrels a day, that amount of money would have bought enough oil to supply our entire country for a little over 161 days. This isn't just gasoline, this is motor oil, jet fuel, diesel fuel, plastic... EVERYTHING made from petroleum.

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