Oil Consumption (consumers+companies) Per Capita

As you were able to see in the post a few days ago, The United States consumes the most oil of all the countries. Perhaps surprisingly enough, it is not the country with the highest oil consumption per capita. Singapore takes the first spot, with Kuwait and Saudi Arabia second and third. The U.S. only takes the ninth place after two more oil producing countries, two European countries and Canada. Perhaps also surprisingly, Germany is on the bottom of the developed countries.

Update: this chart also shows consumption of companies, like aviation and oil refinery. That's why consumption per capita may be a bit misleading.

Oil Consumption Per Capita

Oil Production Versus Consumption

Saudi Arabia produces the most oil in the world, as you can see in this chart from the Financial Times. The United States is the country with the highest consumption in barrels, but also produces quite a lot. Japan sticks out in that it does consumes relatively much, but doesn't produce any oil. For Iraq it is the other way around.

Financial Times

Components Of US Inflation in July 2011

This chart shows the components of the July 2011 United States inflation rate compared to a year ago. As you can see Fuel, Housing and Food & Beverages make up the biggest part of the inflation rate.

EconomPic

The Real Price of Gas

This video describes in an easy way what the real costs of gas are.

The Complete History Of Oil Since 1861

This chart from Business Insider gives the full history of the oil price since 1861 with the main events.

Source: Business Insider