Automotive Overpopulation? The Number Of Vehicles On The Road Tops 1 Billion

The number of vehicles in operation worldwide surpassed the 1 billion-unit mark in 2010 for the first time ever.

According to Ward’s research, which looked at government-reported registrations and historical vehicle-population trends, global registrations jumped from 980 million units in 2009 to 1.015 billion in 2010

The figures reflect the approximate number of cars, light-, medium- and heavy-duty trucks and buses registered worldwide, but that does not include off-road, heavy-duty vehicles.

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Joe_Limon - 8/22/2011 2:09:31 PM

+1 Boost

Cool! This makes number crunching easy.

1 billion cars travelling about 13,000 miles per year means 13 trillion miles are travelled every year.

Global Average fuel economy of 29.4mpg yields 442.2 billion gallons of fuel being consumed.

Now it's possible to convert one barrel of oil into 42 gallons of gas, but lets go with the average which I believe is closer to 30gallons per barrel. That leaves us with 14.74 billion barrels of oil used every year for transportation. Which is a bit less than half of the global oil consumption of 31 billion barrels per year.

In case you're concerned about peak oil, well... we still have about 1.75 trillion barrels of conventional oil, and 6.9 trillion of unconventional oil at our fingertips.