AgTalk Home
AgTalk Home
Search Forums | Classifieds (34) | Skins | Language
You are logged in as a guest. ( logon | register )

Crude oil
View previous thread :: View next thread
   Forums List -> Market TalkMessage format
 
Itchy
Posted 1/12/2016 07:02 (#5029843 - in reply to #5029666)
Subject: RE: Crude oil


SW Iowa		Lets see,
19 gallons of gasoline and 12 gallons of diesel fuel are produced from a barrel of oil (42 gallon)
So, if gas goes to $1.00/gal, and diesel $1.25/gal, that is $34.00/barrel, not counting the remaining products from what is left to refine.
How much profit does big oil need on a barrel of oil to operate?

Edited by Itchy 1/12/2016 07:08
Top of the page Bottom of the page


Jump to forum :
Search this forum
Printer friendly version
E-mail a link to this thread

(Delete cookies)