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Thanks for the explaination and the charts to help visualize what is going on. Oil is used in a lot of things beyond fuel. There are the 6 or so gallons of oil to make a tire, use as fertilizer, cosmetic products, plastics and lubricants. There are replacement materials for these things but the cost may be higher and the quality will be different. It will be an interesting future with oil prices going higher and a frantic search for a substitute to make viable products that have high demand because of the low price of oil in the past made those things viable.