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Joined: Dec 2000
Posts: 13,803
Carpal Tunnel
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Carpal Tunnel
Joined: Dec 2000
Posts: 13,803 |
That's how many gallons of oil in a barrel of oil. How much of that is gasoline (petrol)?
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Joined: Jun 2002
Posts: 7,210
Carpal Tunnel
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Carpal Tunnel
Joined: Jun 2002
Posts: 7,210 |
well(pun intended), we're up over $2.00 now...
formerly known as etaoin...
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Joined: Apr 2000
Posts: 10,542
Carpal Tunnel
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Carpal Tunnel
Joined: Apr 2000
Posts: 10,542 |
>That's how many gallons of oil in a barrel of oil.
and how about the infamous 55-gallon drum, then?
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Joined: Nov 2000
Posts: 3,439
Carpal Tunnel
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Carpal Tunnel
Joined: Nov 2000
Posts: 3,439 |
Didn't know about the "day off" for buying gas - so I did. Half a tank for my Saab, $21 !!!! Just 19 days ago it was $12 for a half tank full. Now, over a year ago I said I wouldn't mention it again but. The posts have gone wide again. Makes me dizzy whipping back and forth with the scroll bar. If I fall off my chair and spill the coffee I'm suing somebody!
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Joined: Mar 2002
Posts: 1,692
Pooh-Bah
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Pooh-Bah
Joined: Mar 2002
Posts: 1,692 |
My guess is that we in the US may be paying a bit more for the product itself than the people on the left bank, because our government is pretty much in the hands of big oil. ~ Ted R.
Currently, in London, the price of a gallon (US) of gasoline (petrol, we would say) has reached $5.60 or thereabouts. Just over 75% of that is tax, so we on the left bank are paying $1.40 for the petrol which has to cover all the refining and distribution costs and profit before you get back to the actual cost of a barrel of oil. I don’t know what the US tax rate is on gasoline so I don’t know how that compares. Any offers?
Of course, as AnnaS’s charts show, from that barrel of oil there are various other fractions cracked off for uses many and varied, a lot of which pay better per volume than gasoline. But that’s a whole other story.
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Joined: Mar 2000
Posts: 6,511
Carpal Tunnel
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Carpal Tunnel
Joined: Mar 2000
Posts: 6,511 |
It's said we're facing record fuel prices, but I don't think that's true. Does anybody know what recent prices have been, adjusted for inflation? IIRC, 1981 was when we had the highest prices, but I don't have anything handy to back me up. Edit:Here's one gas station operator with a sense of humor: http://us.news2.yimg.com/us.yimg.com/p/ap/20040517/capt.caps10105171823.gas_prices_caps101.jpg
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Joined: Dec 2000
Posts: 2,661
Carpal Tunnel
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Carpal Tunnel
Joined: Dec 2000
Posts: 2,661 |
Nice, Phranz. What made you stop... errr... other than the cost of living?
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Joined: Jun 2002
Posts: 1,624
Pooh-Bah
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Pooh-Bah
Joined: Jun 2002
Posts: 1,624 |
Editorial restrictions. And the high cost of living and the low price of cartoons ...
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