[AT] Gasoline $

[Mike Sloane]

One slight correction Dudly: I don't think a barrel of crude oil is 33 
gallons. This is what I found on the Internet:

Here are some stats for you.

One 42gal gallon barrel of crude oil yields:

19.5 gallons of gasoline
9.2 gallons of distillate fuel oil (diesel fuel and home-heating oil)
4.1 gallons of kerosene-type jet fuel
2.3 gallons of residual fuel oil (used in industry and marine 
transportation and for election power generation)
1.9 gallons liquefied refinery gases
1.9 gallons still gas
1.8 gallons coke
1.3 gallons asphalt and road oil
1.2 gallons petrochemical feedstock
0.5 gallons lubricants
0.2 gallons kerosene
0.3 gallons other (don't ask me, I have no clue :) )

* The total volume of products made is 2.2 gallons greater than the 
original 42 gallons of crude oil, representing a processing gain.

So the refinery isn't just taking crude oil and converting it into 
gasoline at $3/gallon.

Mike

Dudley Rupert wrote:
> This is not political ether (so please don't try and make it such) but just
> an observation -
> 
> I was just reading part of an interview that a Sunoco executive in Colorado
> gave to a News outlet earlier today.  He said that if the US had more
> refinery capacity it would certainly alleviate some of the short-term stress
> on the market that is caused when a refinery is shut down for maintenance or
> when a disaster strikes it.  And he noted that there hasn't been a new
> refinery built in the US in the last 25 years.  But he went on to say that
> our bigger problem is long term and it is the lack of an adequate supply of
> crude.
> 
> If as a nation we are unwilling - for whatever reason - to explore/drill for
> new sources of crude (for example, in ANWAR or the Santa Barbara channel)
> and to build more nuclear power plants to help solve our near term energy
> needs and to make a national commitment (like the Kennedy commitment to put
> a man on the moon by the end of the sixties) to finding alternative energy
> sources then it seems to me we shouldn't be surprised when we see the
> numbers we do on the gas pumps.  A barrel of crude contains 33 gallons and
> with crude trading at 65 to 70 dollars a barrel it means that when a crew
> docks a tanker and starts loading it costs them 2 dollars a gallon.  Adding
> in the shipping costs, refinery costs, federal and local gas taxes and a
> little markup for the retail station it's not surprising that the first
> digit on the gallon cost at the pump is fast becoming a "3".
> 
> Since the first of the summer I've bought 27 cans of gas and 4 cans of
> diesel to run my hobby tractors ... I think I may have to permanently park
> them and start looking for a hybrid antique tractor.
> 
> Dudley
> Snohomish, Washington
> 


-- 
Mike Sloane
Allamuchy NJ
mikesloane at verizon.net
Website: <www.geocities.com/mikesloane>
Images: <www.fotki.com/mikesloane>

You can tell whether a man is clever by his answers. You can tell 
whether a man is wise by his questions.
-Naguib Mahfouz, writer (1911- )


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