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 Post subject: How much oil in 1 barrel
PostPosted: Mon Aug 21, 2006 4:47 am 
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Joined: Fri Aug 18, 2006 5:28 am
Posts: 87
Someone asked [url]oil-price.net[/url] about the size of a barrel of oil. The answer is tricky:
Oil coming out of a well is measured in 42 gallon barrels. That is the old US barrel volumetric unit. However when oil leaves the oil fields in trucks, it is packaged in 55 gallon drums (English imperial barrel volumetric unit).

Suppose your well outputs 1,000 barrels of oil per day. That's 42,000 gallons of oil. The truck (or train rather) leaving the gate has 764 barrels of oil in it. Still you just sold 1,000 barrels.

This is because the barrel used to measure oil production (42 gal) and the barrel used to transport oil (55 gal) are different.


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 Post subject:
PostPosted: Tue Sep 05, 2006 5:34 am 
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Hi Dear

Is it global or just for certain gourp of countries?


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 Post subject:
PostPosted: Tue Sep 05, 2006 2:21 pm 
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Joined: Fri Aug 18, 2006 5:28 am
Posts: 87
It is global.


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 Post subject:
PostPosted: Wed Sep 06, 2006 5:14 am 
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Joined: Sun Sep 03, 2006 4:27 am
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Thank you very much


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PostPosted: Sun Sep 17, 2006 8:45 pm 
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Joined: Sun Sep 17, 2006 8:41 pm
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IT IS STILL COME DOWN AND OF UGLY THEY HEAD FOR 48$ WITHOUT TO TAKE BREATH… ;) : D: D: D


CRUDE OIL will arrive to 48 $ within December they make to come down the oil in order to stimulate the consumptions and to lower inflation


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PostPosted: Thu Nov 15, 2007 3:29 am 
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I just wondering, what is the maximum volume of Petrol that can be produced from 1 liter crude oil. Can anybody help me?


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PostPosted: Thu Nov 15, 2007 5:45 am 
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Joined: Fri Aug 18, 2006 5:28 am
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Roy wrote:
I just wondering, what is the maximum volume of Petrol that can be produced from 1 liter crude oil. Can anybody help me?

Roy,
Refineries can obtain from 42 US gallon barrels of crude oil the following fuels (among a total of 44 gallons of by-products):
- 20 gallons of gasoline (petrol)
- 7 gallons of diesel
So the conversion rate of crude oil to gasoline is 47.6%. To answer your question, 0.48 liter of gasoline is produced from 1 liter of crude oil.
Steve Austin.


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 Post subject:
PostPosted: Thu Nov 15, 2007 7:51 am 
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Joined: Thu Nov 15, 2007 3:24 am
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Thanks Steve.


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 Post subject: "Oil Prices"
PostPosted: Thu Dec 06, 2007 6:18 pm 
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Joined: Mon Dec 03, 2007 6:43 pm
Posts: 6
Location: Orlando
Hello,
I would like to know who actually sells the oil? Does OPEC, the producer, also act as middleman to the rest of the world? Who sells the caribbean, and Central America?

Does the US resell? Who are the traders?

Please reply soon. Thanks.


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 Post subject: Oil Spills
PostPosted: Fri Dec 07, 2007 10:23 pm 
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Joined: Fri Dec 07, 2007 8:46 pm
Posts: 5
:?: When there is an oil spill, such as the recent one in San Francisco Bay, what is the correct way to cite the measurement of oil spilled? (barrels? gallons?)

Thanks so much for oil dashboard!


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 Post subject: Re: Oil Spills
PostPosted: Sat Oct 17, 2009 1:22 pm 
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augustoalvaro wrote:
:?: When there is an oil spill, such as the recent one in San Francisco Bay, what is the correct way to cite the measurement of oil spilled? (barrels? gallons?)

Thanks so much for oil dashboard!


Spills are reported by the bbl., but often translated to gallons to help the public understand the units.

Also, 1 BBL = 42 US gallons @ 60 degrees F

Temperature affects volume which is why you get more gas from the pump when you fill up in cold weather. Filling stations do not compensate for temperature, but shipping and pipeline meters do.


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