That's a billion barrels of oil
1 barrel of crude oil equals 42 US gallons of crude oil.
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!
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).
A oil barrel is a standard unit of volume used to measure crude oil and other petroleum products. It is equivalent to 42 US gallons or about 159 liters. Oil barrels are commonly used in the oil industry for pricing and transportation purposes.
1 barrel of oil = 158.987295 liters 1 barrel of oil = 42 US gallons
There are 336 pints of crude oil in one barrel.
One barrel of crude oil contains 159 liters.
A barrel of oil in the U.S. is equivalent to 42 gallons.
About 19.5 gallons of gasoline per barrel.
A barrel of oil is equal to 42 gallons.
There are 34.97 Imperial gallons per barrel of oil.
UK Oil cost £112.56/Barrel US Oil cost $102.12/Barrel Save
The difference between barrel and gallen is that a barrel can load 220 litre oil and a gallon can load millions of oil.
There are 42 US gallons of crude oil in one barrel.
There are 42 gallons of crude oil per barrel.
The average price for a barrel of oil in 1995 was: $16.75