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How many gallon in one oil barrel

How many gallon in one oil barrel

31 Aug 2017 1 million barrels of oil can produce half a million barrels of gasoline of ultralow sulfur distillate fuel oil from one 42-gallon barrel of crude oil,  14 Aug 2019 A barrel of oil is the equivalent of 159 litres (42 gallons) of liquid. Some of You might be surprised to learn that crude oil is used to make many  2009 - Gas prices fell first, dropping to $1.67/gallon on December 29. Oil fell to $39.41/barrel on February 18 as investors bolted from any investment except ultra-  26 Sep 2016 Many people think of crude oil as a thick, black liquid that is used to source our unquenchable thirst for gasoline. However, the reality is that each  With crude oil at these prices, a standard 42 gallon barrel translates to $1.19 to Gasoline prices are also affected by the cost of other ingredients that may be  Crude oil*. To convert. Tonnes (metric). Kilolitres. Barrels. US gallons. Tonnes/ year. From. Multiply by. Tonnes (metric). 1. 1.165. 7.33. 307.86. –. Kilolitres. Gasoline Futures. The value of a $ /gallon price move on this contract = Calculate $ Distillate (Heating Oil and Diesel) - 5.825 million Btus per barrel. Barrels.

8 May 2009 He has calculated a better estimate by using the volume of a barrel (42 US gallons, or 0.16 cubic metres) and a crude oil density of 0.9 tonnes 

A barrel is one of several units of volume applied in various contexts; there are This section may need to be rewritten to comply with Wikipedia's the worldwide oil industry, an oil barrel is defined as 42 US gallons,  22 Apr 2014 One barrel contains 42 gallons of crude oil from which, in the U.S., In the mid- 1800s, all liquids that needed a tight container of any size were  gallons of ultra-low sulfur distillate fuel oil (most of which is sold as diesel fuel and in several states as heating oil) from one 42-gallon barrel of crude oil. Many   As there are 42 gallons in an oil barrel, to convert gallons to oil barrels, divide the gallon value by 42. 1 Gallon = 0.023809523809 US OIL Barrel. You may also 

One barrel=42 US gallons=160 L. Figure created using data presented in British Petroleum's Statistical Review of World Energy (2017). For those who may be 

How many US gallon in 1 barrel [US, petroleum]? The answer is 42. We assume you are converting between gallon [US] and barrel [US, petroleum]. You can view more details on each measurement unit: US gallon or barrel [US, petroleum] The SI derived unit for volume is the cubic meter.

In the United States, a barrel of oil is 42 U.S. gallons, or about 159 liters. A U.S. gallon is a unit of volume equal to 128 U.S. fluid ounces, or about 3.785 liters. It should not be confused with the imperial gallon used in the United Kingdom.

1 US gallon (gal) = 0.0238095238 US oil barrels (abbreviation: bbl) = 4 US quarts (qt) = 8 US pints (pt) = 128 US fluid ounces (fl. oz.) = 768 US teaspoons ( tsp)  8 Sep 2017 Once a cask that held crude, the oil barrel is now mostly an economic concept. But there aren't any barrels in the Dakota Access Pipeline. They would sell oil in 40-gallon units, but buyers would also get “an allowance of  14 Oct 2010 in a barrel. Much to my surprise, my guess of 50 gallons of gasoline was way, way off. A barrel of crude oil is 42 gallons, which is the standard 

A standard barrel of oil contains 42 gallons. This is the U.S. measurement that has been used since the 1800s, as it was the volume of a standard wooden barrel used for hauling many types of liquid. To measure production output, barrels of oil are grouped into classifications by one thousand barrels, one million barrels, and one billion barrels.

Gasoline Futures. The value of a $ /gallon price move on this contract = Calculate $ Distillate (Heating Oil and Diesel) - 5.825 million Btus per barrel. Barrels.

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