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Campfire Oracle
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Campfire Oracle
Joined: Oct 2002
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There are 48 gallons in a barrel of oil.
That said they do not get 48 gallons of gas out of the barrel.
They crack it down and come up with various compounds,gas just being one. Uhhhh. There are 42 US gallons at 60 degrees F and 0 PSIG pressure with zero impurities (sediment and water) in a merchantable barrel of crude oil. As I wrote, comical. Some answers are comical and some aren't. https://www.ihrdc.com/els/po-demo/module01/mod_001_03.htm I retired from Royal Dutch Shell two years ago knumbnuts. I know oil, gas and refining. You? Shame you don't know your boys as well. Letting them be raised by a woman. At least you retired JUST in time for the last kid to leave the house. Funny that.
"Dear Lord, save me from Your followers"
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Joined: Sep 2004
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Campfire Regular
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Campfire Regular
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I spend more time with my kids in a year while working a 2x2 rotation, than the average father that works 8-5.
Funny that.
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Joined: Oct 2002
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Campfire Oracle
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Campfire Oracle
Joined: Oct 2002
Posts: 96,121 |
I spend more time with my kids in a year while working a 2x2 rotation, than the average father that works 8-5.
Funny that. You sure they are all yours? Funny that...
"Dear Lord, save me from Your followers"
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Joined: Jul 2013
Posts: 3,327
Campfire Tracker
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Campfire Tracker
Joined: Jul 2013
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There are 48 gallons in a barrel of oil.
That said they do not get 48 gallons of gas out of the barrel.
They crack it down and come up with various compounds,gas just being one. Uhhhh. There are 42 US gallons at 60 degrees F and 0 PSIG pressure with zero impurities (sediment and water) in a merchantable barrel of crude oil. As I wrote, comical. Some answers are comical and some aren't. https://www.ihrdc.com/els/po-demo/module01/mod_001_03.htm I retired from Royal Dutch Shell two years ago knumbnuts. I know oil, gas and refining. You? Crap! I'm impressed. I didn't know you were a genious. I just thought you were a comedic critic. So tell me what's wrong with my definition of a barrel of crude oil, oh Sage of the oil business. Or did your vast experience and limited potential never allow you to actually know what a barrel of merchantable crude oil actually was? What branch of Royal Dutch was honored to have you running it? I'm betting that it wasn't a very technical part of the company. I'm also betting that you knew enough to run General Engineering the day they hired you into a maintenance crew with your vast oil and gas knowledge gained from your 2 previous years of driving a salt water disposal truck on dusty roads. 
It's official. I missed the selfie deadline so I'm Maser's sock puppet because rene and the Polish half of the fubar twins have decided that I am.
ΜOΛΩΝ ΛΑΒΕ μολὼν λαβέ
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Joined: Jul 2009
Posts: 5,171
Campfire Tracker
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Campfire Tracker
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"Then the gouging bastads can choke on it !!"
You must be referring to the ones that manipulate the stock market price of gasoline.
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Joined: Feb 2013
Posts: 1,893
Campfire Regular
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OP
Campfire Regular
Joined: Feb 2013
Posts: 1,893 |
Goes all the way to the idiots that think they can explore and compete in the market, with the sludge they dredge up, when foreign oil almost runs pure out of the ground. the defination of insanity is doing the same thing over and over, guess they like pi$$ing money down a rat hole and keep crying over it!!
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Joined: Aug 2003
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Campfire Ranger
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Campfire Ranger
Joined: Aug 2003
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I am not an expert on oil, but when the price of a barrel of oil is $50 or less, there is no reason for gas to be what it is.
Maybe you can educate me-- maybe not-- Just buy the crude and try that in your engine if you think there's too much 'value-added' in squeezing out the gasoline. 
Sometimes, the air you 'let in'matters less than the air you 'let out'.
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Campfire Outfitter
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Campfire Outfitter
Joined: Jan 2005
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yes, you can try "cooking it" yourself, if you feel adventurous
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Campfire Ranger
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Campfire Ranger
Joined: Aug 2003
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I didn't give a $hit where it come from when I was feeding my family and trying to make a decent living without spendin the whole paycheck on greedy bastad gas Let's see...... A barrel of oil...42 gallons, is valued at $50 and gasoline is $2.49/gallon. A bushel of corn... 56 pounds, is valued at $3.63 and corn flakes - the cheap store brand, is $2.49/18 ounces. Analysis: Farmers are obviously ripping us off big time (and this doesn't even get into the "huge" profits being made by the big [Post/Kellog's] cereal companies, since their brands are much higher)
Sometimes, the air you 'let in'matters less than the air you 'let out'.
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Campfire Tracker
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Campfire Tracker
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Some fairly recent reality about crude oil and gasoline. https://www.eia.gov/tools/faqs/faq.php?id=327&t=9
It's official. I missed the selfie deadline so I'm Maser's sock puppet because rene and the Polish half of the fubar twins have decided that I am.
ΜOΛΩΝ ΛΑΒΕ μολὼν λαβέ
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Joined: Aug 2004
Posts: 69,565
Campfire Kahuna
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Campfire Kahuna
Joined: Aug 2004
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Ok. Going by that formula...based on crude at $50 per barrel. In 2015, refineries in the United States produced an average of about 19 gallons of motor gasoline and 12 gallons of ultra-low sulfur distillate fuel oil (includes diesel fuel and heating oil) from one 42-gallon barrel of crude oil. 19 gallons of gasoline at pump. Minus taxes, is around $1.80 = $36.70 plus 12 gallons of diesel @ around $1.90 before taxes = $22.80 which brings the total to $59.50Total gross profit = $9.50 per barrel.Then subtract from that gross profit the lease, pipelines, refinery construction, labor for all of it, transportation, operating expenses (equipment and such), and the drilling bill, cost of the retail outlets...etc. Yeah, makin' a killin' I tell ya... 
Molɔ̀ːn Labé Skýla!
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Joined: Jul 2013
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Campfire Tracker
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Campfire Tracker
Joined: Jul 2013
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Ok. Going by that formula...based on crude at $50 per barrel. In 2015, refineries in the United States produced an average of about 19 gallons of motor gasoline and 12 gallons of ultra-low sulfur distillate fuel oil (includes diesel fuel and heating oil) from one 42-gallon barrel of crude oil. 19 gallons of gasoline at pump. Minus taxes, is around $1.80 = $36.70 plus 12 gallons of diesel @ around $1.90 before taxes = $22.80 which brings the total to $59.50Total gross profit = $9.50 per barrel.Then subtract from that gross profit the lease, pipelines, refinery construction, labor for all of it, transportation, operating expenses (equipment and such), and the drilling bill, cost of the retail outlets...etc. Yeah, makin' a killin' I tell ya... Ruh ro!! Don't let modick see that. He believes that oil companies shouldn't make a profit. He's obviously not into free love and world peace with his attitude, but I bet he believes that free gas is a God given right.
It's official. I missed the selfie deadline so I'm Maser's sock puppet because rene and the Polish half of the fubar twins have decided that I am.
ΜOΛΩΝ ΛΑΒΕ μολὼν λαβέ
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Joined: Nov 2007
Posts: 47,091
Campfire 'Bwana
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Campfire 'Bwana
Joined: Nov 2007
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modick has to be one of the most ignorant sons of bitches i've seen post on his site.
God bless Texas-----------------------
Old 300
I will remain what i am until the day I die- A HUNTER......Sitting Bull
Its not how you pick the booger..
but where you put it !!
Roger V Hunter
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Joined: Nov 2004
Posts: 2,478
Campfire Regular
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Campfire Regular
Joined: Nov 2004
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Ruh ro!! Don't let modick see that. He believes that oil companies shouldn't make a profit. Hey, there's places he could live where there aren't greedy companies ripping off poor helpless consumers like him. Cuba and North Korea come to mind.
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Joined: Aug 2009
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Campfire Oracle
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Campfire Oracle
Joined: Aug 2009
Posts: 95,928 |
This is mohick,remember him? ![[Linked Image]](http://i1243.photobucket.com/albums/gg546/elkhunterinnm/candyass.jpg)
Life Member SCI
Life Member DSC
Member New Mexico Shooting Sports Association
Take your responsibilities seriously, never yourself-Ken Howell
Proper bullet placement + sufficient penetration = quick, clean kill. Finn Aagard
Ken
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Campfire Tracker
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Campfire Tracker
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At 2.35 a gallon I dont know how anyone can say they are gouging. Gas right now is very underpriced. It is truly a deal. I can run 32 mi. on a .235 gallon of gas. Cheap. I can run my 25 horse outboard all day on 5 bucks. What more could someone want. It is dirty , dangerous, and most likely hazardous to you health. Then get it out of the ground, pipe it through protesting morons, refine , transport , store and sell it retail at a gas station 24/7 for $2.35 a gallon some complain it is too high? I wish it would go to 4 bucks a gallon so I could sell some of my oil stocks. If I keep guying what is cheap, the only thing I will have is oil in my portfolio. Also, there is not a glut in Asia or Europe, they use 75 % ? of the worlds oil. USA hs a glut so we think the whole world has a glut. Not so, and when stupid investors figure it out we won't see the selloffs on oil every time some dingbat on CNN sais we have a glut. So, you are getting 128 miles on 1.4 gallon? How so? 32 miles on $2.35 Sorry decimal in the wrong place. Still a deal.
But the fruits of the spirit is love, joy, peace, patience, kindness, goodness,faithfulness, Gentleness and self control. Against such things there is no law. Galations 5: 22&23
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Joined: Jan 2006
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Campfire Ranger
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Campfire Ranger
Joined: Jan 2006
Posts: 19,812 |
I spend more time with my kids in a year while working a 2x2 rotation, than the average father that works 8-5.
Funny that. You sure they are all yours? Funny that... Hey look!!! It's an old family reunion. Nice to see you, BB.
"Be sure you're right. Then go ahead." Fess Parker as Davy Crockett
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Campfire Ranger
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Campfire Ranger
Joined: Jun 2006
Posts: 16,361 |
Fuel taxes should really be on a percentage basis, as opposed to a per gallon basis. BUT- all directed to road maintenance - unlike New Mexico's seizure of oil taxes to balance the general budget!
Thank you democrats!
I've always been a curmudgeon - now I'm an old curmudgeon.
~Molɔ̀ːn Labé Skýla~
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Campfire Outfitter
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Campfire Outfitter
Joined: Oct 2009
Posts: 12,439 |
Ok. Going by that formula...based on crude at $50 per barrel. In 2015, refineries in the United States produced an average of about 19 gallons of motor gasoline and 12 gallons of ultra-low sulfur distillate fuel oil (includes diesel fuel and heating oil) from one 42-gallon barrel of crude oil. 19 gallons of gasoline at pump. Minus taxes, is around $1.80 = $36.70 plus 12 gallons of diesel @ around $1.90 before taxes = $22.80 which brings the total to $59.50Total gross profit = $9.50 per barrel.Then subtract from that gross profit the lease, pipelines, refinery construction, labor for all of it, transportation, operating expenses (equipment and such), and the drilling bill, cost of the retail outlets...etc. Yeah, makin' a killin' I tell ya... A 42 gallon barrel of oil produces 45 gallons of usable resources, including jet fuel and materials used in creating plastics and other petroleum based products. moprick's still an @sshole, but don't bullshit everybody bout the economics.
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Joined: Aug 2004
Posts: 69,565
Campfire Kahuna
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Campfire Kahuna
Joined: Aug 2004
Posts: 69,565 |
A 42 gallon barrel of oil produces 45 gallons of usable resources, including jet fuel and materials used in creating plastics and other petroleum based products.
moprick's still an @sshole, but don't bullshit everybody bout the economics.
Where'd you get 45 gallons of product? ![[Linked Image]](http://i244.photobucket.com/albums/gg17/rockinbbar/barrel_zpsjxqubzvc.jpg) The economics presented isn't complete by any means. Probably after boiled down, the profit is much less per barrel. But, just like a loaf of bread that makes a nickle of profit per loaf, the way they make money is to sell LOTS of loafs.
Molɔ̀ːn Labé Skýla!
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![[Linked Image]](http://s1243.photobucket.com/user/elkhunterinnm/media/candyass.jpg.html)
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