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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 barrel of oil equivalent (BOE) is a unit of energy based on the approximate energy released by burning one barrel (42 US gallons, 35 imp gal or about 159 litres) of crude oil.
The current national gas price average is $3.62 per gallon. The average cost of gas has decreased 15% in the last two years, from when it was $4.27 per gallon. The highest recorded average price ...
The United States uses about 9 million barrels of gasoline per day, and about 3 million barrels of diesel, according to federal data. ... In California, costs are up more than $1 per gallon in the ...
Gas prices are falling even with oil nearing $90 a barrel — here's why ... average cost of retail gasoline sits at $3.58 per gallon, ... average in the nation at $5.59 per gallon, has seen a $0. ...
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.
To put into perspective just how low gas prices are, we rounded up 10 popular items and figured out how many gallons of gas you can get for the same price.