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AverageOldGuy

(3,367 posts) Wed Jan 7, 2026, 12:29 AM Wednesday

Do not tell Trump . . .

Earlier this evening I read something -- may have been on DU -- about Trump claiming that he had "30-40 million gallons of Venezuelan oil" coming to the US -- or words to that effect.

No doubt he figured that this would translate into 30-40 million gallons of gasoline, thereby starting to drive down the price of gas.

Whatever we do, let's not tell Trump this:

From a standard 42-gallon barrel of crude oil, U.S. refineries produce about 19 to 20 gallons of gasoline, which is roughly 45% of the barrel, with the rest yielding other products like diesel, jet fuel, and asphalt, though yields vary with crude quality and refinery technology.

The U.S. consumes roughly 370 to 380 million gallons of gasoline per day. So -- Trump's 30-40 million gallons of oil will produce 15 - 20 million gallons of gas, which is about one hour's consumption.

2 replies

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Do not tell Trump . . . (Original Post) AverageOldGuy Wednesday OP

And when he bans Old Crank Wednesday #1

everything you said is true lapfog_1 Wednesday #2

Old Crank

(6,674 posts)

1. And when he bans

Reply to AverageOldGuy (Original post)

Wed Jan 7, 2026, 12:59 AM

Wednesday

High mileage cars gas prices will go up.

Sarcasm, maybe.

lapfog_1

(31,676 posts)

2. everything you said is true

Reply to AverageOldGuy (Original post)

Wed Jan 7, 2026, 01:14 AM

Wednesday

only NOT for Venezuelan oil.

Venezuela's crude oil is very heavy by international standards, and as a result much of it must be processed by specialized domestic and international refineries.

From a standard 42-gallon barrel of crude oil, U.S. refineries typically produce about 19 to 20 gallons of gasoline, with the rest yielding other products like diesel, jet fuel, and asphalt, though Venezuelan crude's heavy nature can slightly alter this yield. Venezuelan oil is heavy, making refining more complex, but generally, a barrel yields a similar range of products to other crudes, with roughly 45-50% becoming gasoline after processing.

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