Orkun Ozkaymak

20Mar/110

Oil & Gas Prices

One barrel (42 gallons) of crude oil, when refined, yields approximately 19.6  gallons of finished motor gasoline. The remainder of the barrel yields  distillate fuel oil, residual fuel oil, jet fuel, and other products.  Currently the average price of gas is $3.57 and a barrel of crude oil is $101.01.

History of Crude Oil Prices vs Average U.S. Gas Prices per gallon:

I have no problems with making a profit but take a look at this list of top global companies sorted by $ of profit.

It is interesting how the top 10 includes 5 companies in the "Oil and Gas Operations" industry.

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