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In contrast, one tonne of crude oil might occupy 6.5 barrels (1,030 litres; 273 US gallons), and one tonne of gasoline will require 7.9 barrels (1,260 litres; 332 US gallons). [20] Overall, the conversion is usually between 6 and 8 barrels (954 and 1,270 litres; 252 and 336 US gallons) per tonne.
On average, U.S. petroleum refineries produce about 19 to 20 gallons of gasoline, 11 to 13 gallons of distillate fuel diesel fuel and 3 to 4 gallons of jet fuel from each 42 gallon (152 liters) barrel of crude oil. The product ratio depends upon the processing in an oil refinery and the crude oil assay. [12]
Each barrel is refined into about 20 US gallons (17 imp gal; 76 L) of gasoline, [30] the rest becoming other products such as jet fuel and heating oil, using fractional distillation. [ 31 ] Barrel shape, construction and parts
If one considers the lower heating value instead of the higher heating value, the value for one BOE would be approximately 5.4 GJ (see tonne of oil equivalent). Typically 5,800 cubic feet of natural gas is equivalent to one BOE. The United States Geological Survey gives a figure of 6,000 cubic feet (170 cubic metres) of typical natural gas. [2]
The current national gas price average is $3.62 per gallon. The average cost of gas has decreased 15% in the last two years, from when it was $4.27 per gallon. The highest recorded average price ...
Even California, which has the highest average in the nation at $5.59 per gallon, has seen a $0.17 decline from exactly one week ago. "Gas prices seasonally fall every autumn," Andrew Gross ...
This volume of natural gas has the same energy content as one US gallon of gasoline (based on lower heating values: 900 BTU/cu ft (9.3 kWh/m 3) of natural gas and 114,000 BTU/US gal (8.8 kWh/L) for gasoline). [22] One GGE of CNG pressurized at 2,400 psi (17 MPa) is 0.77 cubic feet (22 litres; 5.8 US gallons).
The million-barrel reserve only amounts to about 2.7 hours of total U.S. gasoline consumption, he said. “As an analyst, this reserve never really made a whole lot of sense to have,'' De Haan ...