How many mcf of natural gas equals the btu of 1 barrel of crude oil?

Answer 1

A fourty two (42) gallon barrel of oil generates approximately 5,600,000 btus. A cubit foor of nat gas generates 1,200 btus ,there for you would need 4,666.67 cubic feet of gas or 4.6 mcf. Today, an mcf of nat gas costs $2.6 an mcf, a barrel of oil $106. The btu per dollar breakdown looks like this.

5,600,000 btus = 1 barrel of crude oil = $106

5.6m btu / $106 = 52,830 btus per dollar

5,600,000 btus = 4.66 mcf = $12.12

5.6m btus / $12.12 = 462,046 btus per dollar