$2.00 per gallon of crude
Profit in a barrel of oil can vary significantly based on factors such as production costs, market prices, and geopolitical influences. Generally, the profit margin is influenced by the difference between the selling price and the total cost of extraction, refining, and distribution. As of late 2023, oil prices have fluctuated widely, making it difficult to pinpoint an exact profit figure. On average, profit margins can range from a few dollars to over $20 per barrel, depending on these variables.
it seems to me that the oil companies paid the people who can answer this question to keep their mouths closed so that nobody will know the true amount.
1 barrel of oil = 158.987295 liters 1 barrel of oil = 42 US gallons
The average price for a barrel of oil in 1995 was: $16.75
As of September 1, 2012 the price of a barrel of oil is $96.48. To see the current price of a barrel of oil see the related link below, which gives the current price of oil.
2.00 dollars
Profit in a barrel of oil can vary significantly based on factors such as production costs, market prices, and geopolitical influences. Generally, the profit margin is influenced by the difference between the selling price and the total cost of extraction, refining, and distribution. As of late 2023, oil prices have fluctuated widely, making it difficult to pinpoint an exact profit figure. On average, profit margins can range from a few dollars to over $20 per barrel, depending on these variables.
The production company and country/government get the money when oil is sold.
As far as my knowledge goes, the difference between net and gross values is that the gross value is the value before deductions, while net is basically after deductions from your gross value. Hope it helps!
1 barrel of oil = 158.987295 liters 1 barrel of oil = 42 US gallons
it seems to me that the oil companies paid the people who can answer this question to keep their mouths closed so that nobody will know the true amount.
77,310 (YE 2010). I don't know if there are a net importer though - I assume so
There are 336 pints of crude oil in one barrel.
One barrel of crude oil contains 159 liters.
About 19.5 gallons of gasoline per barrel.
A barrel of oil in the U.S. is equivalent to 42 gallons.
A barrel of oil is equal to 42 gallons.