Search results
Results From The WOW.Com Content Network
Oil conversion factor from m³ to bbl (or stb) is 6.28981100; Gas conversion factor from standard m³ to scf is 35.314666721; Note that the m³ gas conversion factor takes into account a difference in the standard temperature base for measurement of gas volumes in metric and imperial units.
A barrel is one of several units of volume applied in various contexts; there are dry barrels, fluid barrels (such as the U.K. beer barrel and U.S. beer barrel), oil barrels, and so forth. For historical reasons the volumes of some barrel units are roughly double the volumes of others; volumes in common use range approximately from 100 to 200 ...
Many drums nominally measure just under 880 millimetres (35 in) tall with a diameter just under 610 millimetres (24 in), and have a common nominal volume of 208 litres (55 US gal) whereas the barrel volume of crude oil is 42 US gallons (159 L). In the United States, 25-US-gallon (95-litre) drums are also in common use and have the same height.
On average, about 74 liters (20 U.S. gal) of gasoline are available from a barrel of crude oil (about 46 percent by volume), varying with the quality of the crude and the grade of the gasoline. The remainder is products ranging from tar to naphtha .
It has been found that the use of flame arresters reduces the chance of fire or explosion of gasoline. [3] [4] Child resistant caps or closures are required in some regions or jurisdictions. [5] A drum (also called a barrel) is a cylindrical container used for shipping fuels. A typical drum has a nominal capacity of 200 litres (55 US or 44 imp ...
The current decline is notable given prices at the pump are about $0.30 lower than a year ago, when oil was hovering around the same levels as today.
The Biden administration said Tuesday it is releasing 1 million barrels of gasoline from a Northeast reserve established after Superstorm Sandy in a bid to lower prices at the pump this summer.
Gasoline prices have seen their biggest weekly decline of the year, but a spike at the pump could still come later this summer. On Tuesday, the national average for gasoline stood at $3.52 per ...