In 1968, a barrel of crude oil was about $3.18 (in 1968 dollars). Today, in 2010, even adjusted for inflation, the same barrel would only cost about $19.78!
Just $3.18 per barrel. (this would equal about $19.78 in 2010).
The price of a barrel of oil fluctuates daily depending on various factors such as supply and demand, geopolitical events, and economic conditions. As of now, the price of a barrel of oil is around $70-$75.
From each 42-gallon of crude oil, about 19.5 gallons of gasoline is produced.
1 barrel of crude oil equals 42 US gallons of crude oil.
Since 1 barrel = exactly 42 American gallons, and 3.785431178 liters = 1 gallon, then 42 x 3.78 = 158.987 liters = 1 barrel
Just $3.18 per barrel. (this would equal about $19.78 in 2010).
1 barrel of oil = 158.987295 liters 1 barrel of oil = 42 US gallons
About $19.25 per barrel (equal to about $29.73 per barrel in 2010).
There are 42 gallons of crude oil per barrel.
UK Oil cost £112.56/Barrel US Oil cost $102.12/Barrel Save
The average price of a barrel of oil in 1966 was around $2.93.
$49.32 per barrel.
In 1976, the average price for a barrel of crude oil was $13.10 (about $50.19 today).
That was the month and year that a barrel of crude oil reached its highest level: $128.08 per barrel.
There are 42 gallons of crude oil per barrel and that makes about 19 gallons of gas.
60%
An industry-standard barrel of oil contains 158.987295 liters.