{"id":451415,"date":"2026-02-03T15:39:09","date_gmt":"2026-02-03T15:39:09","guid":{"rendered":"https:\/\/www.newsbeep.com\/ca\/451415\/"},"modified":"2026-02-03T15:39:09","modified_gmt":"2026-02-03T15:39:09","slug":"what-does-303-billion-barrels-of-venezuelan-oil-look-like-us-venezuela-tensions-news","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/ca\/451415\/","title":{"rendered":"What does 303 billion barrels of Venezuelan oil look like? | US-Venezuela Tensions News"},"content":{"rendered":"

Oil becomes more meaningful when you turn it into fuel.<\/p>\n

A barrel contains 159 litres of crude oil, or 42 gallons.<\/p>\n

To use this oil, it must be refined. The refining process produces various products, including petrol, diesel, jet fuel and numerous household items, such as cleaning products, plastics and even lotions.<\/p>\n

Once refined, a barrel typically produces about 73 litres, or 19.35 gallons, of petrol to power cars and trucks.<\/p>\n

A pick-up truck that can drive 24 miles on 1 gallon of petrol, or 100km on 10 litres, can travel about 730km, or 450 miles, from one barrel of oil.<\/p>\n

Put another way, one barrel of crude oil can fuel that pick-up on a trip from New York City to Cleveland, Ohio.<\/p>\n

\"INTERACTIVE(Al Jazeera)<\/p>\n

Now let’s scale that up to US national consumption. According to the US Energy Information Administration, the US has about 285 million motor vehicles and consumes nearly 9 million barrels of petrol every day.<\/p>\n

If all of Venezuela\u2019s crude oil were refined into petrol, it could supply US vehicles for roughly 40 years at today\u2019s consumption rate.<\/p>\n

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