What's In A Barrel of Oil?
The market price today is about $70 a Bbl. Reg. gasoline is about $2.85 before additives, reformulated is higher. Stations mark it up 10 or 12 cents a gallon. You get about 20 gallons of gasoline from a bbl of oil and you sell it for $3.00 a gallon, that's $60. Gas doesn't pay for the oil let alone allow you to make a profit. The profit has to be made on the remnants of the original 42 gal.
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Last edited by DogYeller; 09-01-2005 at 09:40 PM.
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