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In contrast, one tonne of crude oil might occupy 6.5 barrels (1,030 litres; 273 US gallons), and one tonne of gasoline will require 7.9 barrels (1,260 litres; 332 US gallons). [20] Overall, the conversion is usually between 6 and 8 barrels (954 and 1,270 litres; 252 and 336 US gallons) per tonne.
On average, U.S. petroleum refineries produce about 19 to 20 gallons of gasoline, 11 to 13 gallons of distillate fuel diesel fuel and 3 to 4 gallons of jet fuel from each 42 gallon (152 liters) barrel of crude oil. The product ratio depends upon the processing in an oil refinery and the crude oil assay. [12]
The history of gasoline started around the invention of internal ... barrels of oil a year and 100-octane ... Gasoline consumption per automobile declined from 2,860 ...
Read CNN’s Fast Facts about oil and gas and learn more ... the United States produced about 11.911 million barrels of crude oil per day. ... Gasoline prices go from 36 cents a gallon in 1972 to ...
Daily oil consumption by region from 1980 to 2006. This is a list of countries by oil consumption. [1] [2] In 2022, the International Energy Agency (IEA) announced that the total worldwide oil consumption would rise by 2% [3] year over year compared to 2021 despite the COVID-19 pandemic. [citation needed]
The modern U.S. petroleum industry is considered to have begun with Edwin Drake's drilling of a 69-foot (21 m) oil well in 1859, [37] on Oil Creek near Titusville, Pennsylvania, for the Seneca Oil Company (originally yielding 25 barrels per day (4.0 m 3 /d), by the end of the year output was at the rate of 15 barrels per day (2.4 m 3 /d)).
The gushing oil well at Spindletop Dome in Beaumont, Texas, is one of the most iconic images in the history of oil. When the well hit paydirt, oil spewed 150 feet into the air at a staggering rate ...
Since the average gallon of gasoline is hovering around $4 per gallon, it must either be some left-wing conspiracy to. The price of oil and gas is going up, and the story continues to take up a ...