Asylum has put together five interesting ways to understand just how much oil this actually is: enough to fly a full Boeing 777 jet around the world, six times, for example.
Let's do some simple math. There are 42 gallons per barrel of oil. That means 5 million gallons of crude oil equals about 119,047 barrels. From those barrels we can create 56,666 gallons of actual gasoline. So what can you do with nearly 57,000 gallons of gasoline? For starters, you can hop into a Hummer and drive from New York City all the way to Los Angeles. And back. About 100 times.
Link - via mentalfloss
From the Upcoming ueue, submitted by nmiller.
But when you say you can fly around the world 6 times it's like, okay why is everyone making a big deal about this. That's really not that much oil, especially when you consider it being in the ocean which is already huge
If a Barrel of oil costs $74 (approximate current price)
and you only get .5 gallons of gasoline (119047 barrels = 57,000 gallons of gasoline) from a barrel how much does gasoline cost?
I don't know the truth but I can sure spot an UNTRUTH
"figures never lie but liars sure can figure"
That means 5 million gallons of crude oil equals about 119,047 barrels. From those barrels we can create 56,666 gallons of actual gasoline.
About 50-60% of crude oil can be made into refined gasoline. Maybe they mean 56,666 barrels of gasoline?
So 2.38 million gallons of gas.