Harryhammer's Blog

A go-to destination for a variety of posts and waterfront photos

Archive for ‘January, 2011’

According to the CEO of Chevron

According to the CEO of Chevron According to David O’Reilly the CEO of CHEVRON, the world currently consumes oil at a rate of about 40,000 US gallons per second.  He says, “the scale of the energy system is enormous.” So, I did some math. 1 barrel of oil = 42 US gallons 1 cubic meter = 264.17 US gallons According to the 2008 World Fact-book, the world currently consumes about 85,270,000 barrels of oil per day. 85,270,000 barrels per day x 42 US gallons per barrel = 3,581,340,00 … Read More

Capitalism School

Capitalism School Learn from “Lizzie” Have you ever played Monopoly? Chances are that you have, given that it’s the most successful board game in United States history with nearly a half a billion players worldwide. The history of the game is quite interesting. More than a century ago, a sharp-witted Quaker lady named Elizabeth “Lizzy” Magie came up with a clever way to teach people about concepts like taxation, and asset distribution in a society. The learning to … Read More