16,200 lbs of fuel is approximately 2300 US gallons.
Not sure what an F14 burns per hour per engine. (but I imagine it is a considerable amount)
However, an F18 burns about 3,000lbs per hour, per engine. (not including any afterburner)
So, an F18, say, is burning about 860 US gallons per hour. ( I use 7 lbs per US Gal when I do my fuel calcs when I fly turbine).
**Your gas mileage may vary** hehe.
As for the short duration of the actual show, one of the reasons is that he will have been flying for a while already before he enters the stage area.
Slots are timed pretty closely, so he will have launched prior to his show, and will be orbiting away from the field waiting for his turn.
We used to launch our showbird (CF-18) with only 6,000 lbs of fuel on board. This gave him enough time to get airborne, orbit away from the field, re-enter and perform his show and land.
6,000 lbs was the number we used as it gave him the time he needed, and it was a pretty light fuel load which allowed a better show.
Cheers,
RTR