There is no connection between the two. Crude oil is used to make fuels. kWh is a method to measure electric consumption.
In today's world, with "green" technology the number of gallons of fuel oil per kWh is increasing dramatically. This is because fossil fuel plants now run to provide backup power for these green systems. This power is not used, but the fuel is still burned. Net result is more fuel consumption, not less. Green is not nearly green, compared to the old fossil fuels.
Your question is not very specific, as 'oil' is a very broad term. Crude oil is never burned straight, it is always processed. I will assume gasoline is what is being used. Gasoline produces 36.6 kWh of power per one US gallon. Therefore: (36.6 kWh/ 1 gal) = ( 1 kWh/ X gal) (1 * 1) / 36.6 = X X ~= 0.0273 gallons So it takes about 0.0273 gallons of gasoline to produce one kWh of power. Some digging on various sites tells me that about 55% of crude oil (per gallon) gets processed into gasoline. So we take our number of gallons and multiply it by 155%: 0.0273 gal/gas * 1.55 ~= 0.0423 gal/oil So it takes 0.0423 gallons of oil to generate one kWh of power.
The cost of crude oil would be about $108.50.
That number changes based on the current cost of oil (daily) - to find the answer convert as:Current price of crude oil per barrel / 563.107 = cost per Kilowatt hour.Based on US Energy department figures for: 1 barrel of oil equivalent = 5.80 MBtu and 10,300 Btu per kWh for current thermal conversion efficiencies of 33% and 32% of US power plants.
~USD 0.05/kWh. TT is an oil-producing country, so energy there is *way* cheaper than in other Caribbean countries. These have a kWh ranging from USD 0.20 - 0.37.
This is much in the news and seems to increase every week. At present about $135 per barrel
$128.08 per barrel in July 2008.
I personally produce or import no crude oil
In a simple illustration, let's assume an oil company is paying $100 for a barrel (42 gallons) of basic crude oil. Their cost for a gallon will be about $2.38. At a gasoline-pump price of $4.00 per gallon. so, result comes as cost of converting one gallon crude oil is $1.62 (4.00-2.38=1.62).
Crude oil is crude oil, there is no such thing as gas oil. Gasoline is refined from crude oil. 1 barrel of Benchmark crude oil for May delivery is currently $48.20 as of 3/31/09.
one barrel of crude oil costs arount 1600 rs..
If you drink crude oil you will likely get diarrhea. Depending on the source of the crude and how much you drink you may experience other gastrointestinal problems. Drinking crude oil is NOT a good idea.
21,500 million barrels