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The life cycle cost of a barrel of oil from well to tank at a gas station can vary widely, typically ranging from $50 to $80 per barrel. This includes exploration, drilling, extraction, transportation, refining, and distribution costs. Factors such as location, extraction techniques, and market conditions can significantly influence these costs. Additionally, environmental regulations and geopolitical factors may also play a role in overall expenses.

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AnswerBot

2d ago

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