Iraq Point

Barrel Of Oil Knowledge Base

Why does everyone seem to WANT $100 dollar a barrel oil prices? The futures traders, and all of the stupid announcers / commentators on Bloomberg, CNBC, newspapers, etc keep talking up the oil price. When it approaches 100 dollars they froth, when it drops down a little, the keep talking it up like a cheerleader. Why do they do this? It's obvious that some slimeballs are profiteering from this big round magical number of 100, but its at everyones expense, and to the benefit of very few. Thanks for any help you can provide to explain this criminal and negligent behavior.
How many gallons of diesel, per barrel oil, how many gallons of gasoline per barrel(low octane 87)...thanks? Low sufur sweet crude, out of the ground. Going on the premise that one would take a 55 gallon barrel and make only diesel, or low octane gas. I know that there are other products due to the refining steps.
What does the current $55-$56 per barrel oil prices do to gasoline prices? Whenwill see the results of these oil prices at the pumps?
in the uk, Why do we hear about on the news the price of a barrel oil in the usa ? From what I can see theirs is cheaper than ours & our petrol is much more expensive. My local petrol station has just put unleaded up to £1.09p a litre thats more than the price of a gallon in the usa. De Deuce: Fcuk the Queen Now im torn: roy s i think you hit the nail on the head. from what others are saying it seems that America thinks its god, within the global structure.
Do you believe that we will see $100 a barrel oil before the end of the year? If you do what investment (and or company) would you be buying now?
What are prices of a barrel of oil then and now before the start of the iraq war? Could someone tell me the price of a oil barrel before the start of the war with the source you got it from and then the price of a barrel of oil now with the source you used.
What is the thickness of steel used to construct a standard 42 U.S. gallon oil barrel? I am trying to conduct a heat transfer calculation for a system with a standard 42 U.S. gallon oil barrel of 316SS construction and I require the thickness of the barrel's material in order to do so. If anyone knows the standard thickness used for oil barrel construction, it would be a great help! I checked, and my drum is in fact a 55-gallon drum. Thanks for the correction.
How many gallons of jet fuel fit in an oil barrel? Need to know how many gallons of jet fuel can fit in a barrel of oil..
What will $200.00 per barrel oil do to the USA economy? Newsweek said $200 per barrel oil will cause the USA to have an economy that is the opposite of the 1990s economy.
Who is/are really behind the increasing record price of the oil barrel and decline of the US dollar worldwide? Record high price for oil and record low for the US currency against Britsh Pounds and Euros.Nma eall possible factors. Thanks. What´s really going on? Is it all speculation from Oil cartels and money markets for making big profits ?
Is $80 a barrel oil in direct proportion to the car which run on air? Compress air hard enough and it will ignite. Sorry republicans, These cars are being released for public sale in August 2008. *sniff* there goes your oil monopoly. *sniff* "Some 6000 zero-emissions Air Cars are scheduled to hit Indian streets in August of 2008." http://www.popularmechanics.com/automotive/new_cars/4217016.html http://freeenergynews.com/Directory/CompressedAir/index.html http://www.google.com/search?client=firefox-a&rls=org.mozilla%3Aen-US%3Aofficial&channel=s&hl=en&q=compressed+air+engine&btnG=Google+Search
How is the price for a barrel of oil determined? Who decides what the "price of a barrel of oil" is? And what is that number we always hear on the news? Is the "price of a barrel of oil" what the stock market says it should be or is that what a particular supplier (OPEC or some other provider) happens to be charging that day?
What in general has caused the price of oil (barrel) to be so high? Why is oil $ 117 dollars a barrel? Is it due to declining dollar? Global demand? all of the above?
How does the price of a barrel of oil reflect on gas? I know that if the price of a barrell of oil increases so does gas but how so? How is it broken down, example a barrel of oil hits $100 dollars whats the price of gas?
Will reductions in the cost of a barrel of oil dictate a slow down in new energy resources? I noticed that oil is now at 49 USD per barrel. Will the cheapness of the price per barrel-- adversely affect new technology research in the solar, wind, water and other renewable resources? So will the cheapness hurt us in the future? Or perhaps even stifle emerging technology?
Oil hit over $90 per barrel. What are you doing to cut back or use less home heating energy/gasoline? Do you drive as often, as you drove prior to the oil increase, for vacations, work, recreation, etc...? Is the utility company in your community helping, ignoring or hurting (increasing bills) the current home energy costs? With the cost of per barrel of oil rising to $100 per barrel of oil and is expected to go past the $100 per barrel mark, do you have any thoughts/suggestions as how to cope with the high cost of energy needs.
Does the "talk of $4300 per barrel oil" scare you? When the Prime Minister of Oobaa Cha-booba makes a statement like "we will see $4300 per barrel oil", I sure get scared. I hope the speculators really drive the price of crude up based on these useless statements from the PM. Now, my real question...why is everyone an oil expert?
If I had $10 Billion dollars could I rally per barrel oil crude prices? In a nutshell, I want to know if the Soveirgn Wealth Funds can spend $10 -$20 Billon and artically support $100/barrrel oil prices on the CBOE, while recouping those costs with the output of oil at a higher cost.
How many gallons of oil are in a "barrel of oil" and how many gallons of gas can be made per "barrel"? We always hear the price of a barrel of oil is rising.... I want to know how much gasoline is produced from a barrel of oil.
When buying a barrel of oil on the stock exchange, where does the physical oil go? I mean do they send you a barrel of oil to your address?
How do you calculate the price of a Barrel of Oil? We always hear that the price of a barrel of oil has gone up to X amount, but how is that amount reached. The oil companies claim that this is due to problems, and that they need to charge more to pay for these inconveniences, so how do the oil companies come up with these prices?
How to get rid of barrel of used motor oil? My dad recently passed away and there's some stuff in the garage my mom wants to get rid of. There's two car engines in there that were really old, that she's found a way to get rid of, but there's also a huge barrel of oil that's been sitting in the back for many years. I don't even think it's sealed, and it's overflowing a bit. I was wondering if anyone knew a practical way to get rid of this thing and what to do so I can help her out. Thanks.
How many liters of gas are made from a barrel of oil? I'm interested in the product and price break down of a so called "barrell of oil",if a barrel of oil sells at $70.00,what products and profits are involved from crude to refined oil.
How much does a barrel of oil cost today? I am doing a science project on solar power vs. fossil fuel, and i need to answer how much a barrel of oil costs. Thanks so much!!
Where can I buy my very own barrel of $75 crude oil? Since a barrel of oil is at a bargain price at the moment, I would like to buy myself a barrel. Oil cocktails all round! Robin Darkmere!! I'll take 3!! no make that 4!! no just 3 actually thinking about it!! Sign me up for errr 4, err yeah go on 4!!
How many gallons or liters of gas come from a barrel of oil? If a barrel cost $120 and it holds 55 gallons of oil which is about $2.18 cents per gallon. But oil is used also for other things like plastic, fuel and other by products. I drive a Smart Car and I am getting around 50 to 60 miles to gallon of diesel but then that engine is not sold in the USA. I drove from Montreal to New York city and it cost me only $45 round trip.
How many gallons of gasoline are made from each barrel of oil? At $100+ per barrel, what is the cost per gallon of the raw oil?
What Is The Cost Of a Barrel of Oil In The Ground? Prior to extraction from earth what is the real cost of a barrel of oil? Is it purely speculative?
How much profit does OPEC make off of a barrel of oil? Including, cost of finding the oil, extracting it and maintenance on the equipment. How much profit do they make off of a barrel of oil at the current price per barrel ?
How much does one barrel of oil cost nowadays? I am doing extra credit for my Geography class cause i am failing and i have to pass this year. So, I am trying to do everything i can to bring up my grade. One of the extra credit questions my teacher asked us was to find out how much one barrel of oil costs according to OPEC. I need it by tomorrow so if u guys could help that would be amazing :)
20bn barrel oil discovery puts Cuba in the big league - Will the US try & spread democracy to Cuba? "If confirmed, it puts Cuba's reserves on par with those of the US and into the world's top 20" http://www.guardian.co.uk/world/2008/oct/18/cuban-oil
Everday we hear how much a barrel of oil costs, but who is actually buying the oil at the per barrel price? I realize that oil is not actually purchased in a barrel and the barrel is simply a means to help determine a price, but who is actually incurring the $141 cost?
How much petrol is refined from a barrel of oil? I have a bet about tjis if I were to buy a 200litre barrel of oil and processed and refined it in the usual way how much petrol would I get back from the original total?????
How many gallons of petrol can be made from 1 barrel of crude oil ? If oil barrels are the same size as beer barrels it would be 36 gallons of crude oil
Sierra Leone produces 1 barrel of oil a day, whats the point? I was looking at a list of countries by oil production on wikipedia and it said Sierra Leone produces 1 barrel of oil a day, that's ridiculous! Have they got like 10 olive trees?
How much gasoline can they make out of a barrel of oil? If oil is over $100 a barrel...how many gallons of gas do they get out of it?
What happens to the demand for gasoline as summer vacation time approaches and the price of a barrel of oil in What happens to the demand for gasoline as summer vacation time approaches and the price of a barrel of oil increases? Increase Decrease Stays the same.
how many gallons of finished product do you get from a barrel of oil? If a standard barrel of oil is 42 gallons of crude... how many finished gallons of gasoline and what other byproducts would you get?
How much does it cost to make a barrel of oil? I am wondering how much it costs to make a barrel of oil yes people i realize that but how much does it cost to actually put the oil into the barrel someone has got to do it and im sure they dont do it for free
How do you estimate the cost of gas based on the price per barrel of oil? What I was able to come-up with is; Barrel of Oil X .029 = Cost for gallon of gasoline. It is $145 per barrel X .029 = $4.20 I will pay at the pump per gallon of gas. Is there any better method?
How is this possible: A barrel of oil costs $95, a gallon of gasoline less than $3? I understand a barrel of oil makes 19.5 gallon of gas, which should be sold at least at $4.87 (95/19.5=4.87) to break even.
Why has the price of a barrel of oil gone up 300% since Obama has gotten into office? He bashed Bush for this? Amazing how he based Bush for the price of oil and then Bush seemed to leave office when oil was at just above $30 per barrel. Now Oil is at $84 dollars per barrel. When is Obama going to help get the price of oil back down to around $30 per barrel as Bush did?
How much petroleum does one barrel of oil produce, in barrels, is it, two, five or ten or more? Does a barrel of oil produce one barrel of petroleum, five barrels, ten barrels or 100 barrels. This figure is never mentioned when we're talking about the cost of oil and the cost of petroleum at the pumps. I live in Canada and when oil goes up slightly, we often see a change of 10 cents a litre at the pumps. Just wondering.
Why does Gordon brown and news all ways quote the us dollar price when referring to a barrel of oil? the cost of a barrel of oil in us dollars is $135 but the cost in pounds is around £69.00 . Does Gordon brown only say the dollar price to try justify the high price in the uk for petrol because he think we all soft?
how many gallons of unleaded gas can you get from a barrel of oil? i know a barrel has 42 gallons of oil, but after the refining process how many gallons of unleaded gas can one get?
What is the capacity of one oil barrel? What is the capacity (in U.S. gallons preferred) of one barrel of oil? Thanks!
How come the Iraq War hasn't brought the American people $20/barrel oil like was initially promised? I remember Bill O'Reilly and the other conservatives saying that the Iraq War would mean cheap oil for us and it would stimulate the economy. It's 2008 and oil is $140/barrel. Why?
Why does the gasoline is going higher everyday when the oil barrel still so low? With the economy how it is at this moment the gasoline prices should be controlled. The oil barrel still very low and the gas has come up $.50 per gallon or more. We cannot afford this.
Oil hit over $90 per barrel. What are you doing to cut back or use less home heating energy/gasoline? Do you drive as often, as you drove prior to the oil increase, for vacations, work, recreation, etc...? Is the utility company in your community helping, ignoring or hurting (increasing bills) the current home energy costs? With the cost of per barrel of oil rising to $100 per barrel of oil and is expected to go past the $100 per barrel mark, do you have any thoughts/suggestions as how to cope with the high cost of energy needs.
Does the $100 a barrel for oil have anything to do with why the stock market is doing so poorly? I know the stock market went up today but is the oil being $100 a barrel why we've had the worst start since 1983?
Can a private citizen buy a barrel of oil? The media is always talking about the price of a barrel of oil as an index of the cost of gas. What if one wants to actually acquire a barrel of oil? Is it even feasible? I'm not looking to buy the oil to refine myself; more as an investment/ gift. A barrel of oil and a well cut piece of glass could make an interesting coffee table. :)
I would like to know why gas is so high since the price of a barrel of oil is only $114? In March the gas was about the same price per barrel of oil and the price of a gallon was 3.19 how come its over 3.60 a gallon?
How many gallons of oil are in the Barrel of oil we are all talking about? I have often wondered how many gallons of oil are in the "Barrels" of oil that we always hear about. 55. 1000, how many?
How much will a barrel of Oil cost on Monday? With what oil has done late. Friday closing @ 138 a barrel WHAT WILL IT CLOSE @ MONDAY 141?
how many gallons of gas come out of a barrel of oil? A barrel of crude oil is supposed to be 42 gallons so after being refined, how many gallons of gas and other products does this produce?
How does price of crude oil per barrel relate to cost at the pump? I often hear in the news about how the price of a barrel of crude oil has either gone up or down (mostly up) and was wondering how that directly relates to the cost for gas by the gallon at the pump? Any ideas?
Do you think the drop in the price of a barrel of oil due to Bush off shore drilling? Barrel of oil prices are falling sharp. Do you think this might link to fact that the US might start drilling for oil off shore in other areas beside the Gulf Of Mexico?
How do I interpret price of oil per barrel? Oil just hit $85/barrel on the market. What can I multiple that buy to approximate the retail price of a gallon of gas in the US? Thanks.
How do energy stock prices continue to fall yet the price of crude oil per barrel continue to rise? I don't make the connection. If crude per barrel is at an all time high shouldn't the oil companies be making more money because they will raise the price of gas per gallon even more.
How much gasoline produces a barrel of crude oil? Does it produces more or less than a barrel? I've always wonder if a barrel of crude oil produces.... let's say 4 barrel of gasoline or actually produces less than a barrel. Anybody knows?
How does the barrel price of oil equate to increases at the gas pump? Is there some sort of rough estimate forumla? Two days ago the Yahoo headline said oil had reached a new high of over $129.00. Now today it's over $132.00. So how much will the average price of gas go up because of this? Does a $3.00 barrel increase mean a 30-cent increase at the pump or something? And what is the lag time? How long does it take for the barrel increase to effect the gas increase?
Why doesn't America charge the same money for a bushel of wheat that we pay for a barrel of oil? We pay a ton of money for our oil yet we give away for free a more important resource. Humans can live without oil, we did for thousands of years. Humans can not live without food. Why isn't the going rate for a bushel of American wheat more than a barrel of Middle Eastern oil??? Can they grow enough food in their desert to feed all their people?
Does anyone know how much money it takes to pump up 1 barrel of oil and have it processed to gasoline? I need uneducated and educated guesses here. because I don't think it cost 140 dollars a barrel. Why don't we nationalize al the oil companies
How come a the price of a barrel of oil divided by the price of a gallon of gas, yields an unpredictable #? Sorry- there is a finite number of characters that can be in my question so here goes. When expressed as an integer over time and after accounting for refinery fees, taxes, oil company dividends and extraction/ shipping costs, a very unstable value remains in the equation b/g=a where b equals a barrel of oils cost g equals a gallon of gasolines cost and a equals the resultant #
If the cost of barrel, for oil , has gone down significantly then how come the prices haven't? Everyday on the news it says it's going down from 130 to 125 to now 122 i believe but If the cost of barrel, for oil , has gone down significantly then how come the prices haven't?
How many litres of gas do you get out of a 159 litre barrel of oil? i am wondering how many litres of gas you would get out of 159 litres of oil(equal to one barrel of oil)
I want to locate a website with current crude oil price per barrel in the Williston Basin, Montana? I am trying to search for a website on the internet that I can access daily to find the current price per barrel of crude oil. This would be for the Williston Basin region in Montana.
Is this stupid or what? A barrel of oil is selling for $37, but gas prices are going up? When oil was $40 a barrel, the average price of gas in California was under $1.60 a gallon, now it's up to about $2.30 even though a barrel of oil costs even less. The only answer that I think can account for it is GREED. There are no oil refineries out, nothing to keep the prices up. The only explanation I could find on the internet is that the refineries are intentionally slowing their output to keep the prices rising. You realize that means that when the economy gets better and demand increases, the prices are really going to skyrocket, right? $4.00 a gallon is going to look like a drop in the bucket. When are Americans going to get pissed off enough to get our government to put some restrictions on what corporations can do? Prices everywhere keep going up in spite of the economic downturn. Also, we need to return to sane lending practices. There need to be effective anti-usury laws that make charging excessive interest illegal. Does anyone know of any grassroots groups who are doing something about this? Where can they be found? Sorry for my rant....lol
Would you trade Israel to Iran if they promised $40 a barrel oil? Lets say Iran offers to sell America $40 a barrel oil, if we only convince Israel to disband and be absorbed into a Palistinian state, what would you do? How about if we just moved Israel to Baja Mexico, it wouldn't be in Iran's backdoor anymore, so they wouldn't care where we put it.
How much gasoline is refined or cracked from one barrel of crude oil? Adam, how many gallons is a barrel of crude? 55? a full barrel (wooden) of beer is 30-- 31 gallons.
How much does it cost to pump out oil per barrel? I wanted to know which country has the cheapest cost of expense to pump out oil and which country had the highest cost for pumping out oil per barrel and some of the country's in the middle. Please include refrence.
Based on the price of a barrel of oil, where should gas prices be right now? In my area, Pittsburgh, gas is currently about $1.79. I am just wondering why it is not lower. When oil was $140 per barrel we were paying $4.00. Now it is $40 a barrel, it just seems like it should be less than it is.
How Much Gasoline, Etc. Does a Barrel of Oil Yield (please Consider Energy Used to Refine the Oil)? I guess this question is asking roughly what % of a barrel of oil is used for energy to refine the rest of the barrel of oil.
When the media reports that crude oil costs so many dollars per barrel, what would be the cost per tonne? Oil is priced for the media in barrels, but nobody actually buys oil in barrels or any other volume unit as the volume changes with changing temperature. Purchasers actually buy it per tonne or megagram which is the same thing. Oil has varying densities (tonnes per cubic metre), so how would one calculate the per tonne price for crude oil that is priced in barrels?
how does a 1 dollar increase in the price of oil per barrel, affect the price at the pumps? for instance... the price of oil increases 1 dollar per barrel and the price at the pump goes up 10 cents?
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