Based on numbers from California, USA, in 2022, oil companies are making about $0.37 USD per gallon of gasoline.
How Many Gallons of Gas Come from a Barrel of Crude Oil?
A standard US barrel of crude oil contains 42 gallons. This 42 gallons of oil amounts to 44 gallons of petroleum products. Petroleum products are things like gasoline, diesel, heating oil and jet fuel.
From one barrel 19.36 gallons is made into gasoline, 10.04 gallons is for diesel, 3.91 gallons is for jet fuel, 1.72 gallons is for liquified petroleum gases, 1.68 gallons is for heavy fuel oil, other distillates amount to 1.24 gallons and other products makes up 6.80 gallons.
What is Crude Oil?
From Dictionary.com “Crude oil is petroleum as it comes from the ground, before refining.” Basically it is a naturally occurring petroleum product composed of organic materials and hydrocarbon deposits. Crude oil is a fossil fuel and thus non-renewable. Fossil fuels are found in the earth’s crust and are the remains of dead plants and animals from millions of years ago.
What are the Biggest Gas Stations?
The top ten biggest gas stations are:
- Shell
- Exxon Mobil
- Chevron
- BP
- Citgo
- Speedway
- Phillips 66
- 76
- Conoco
- Murphy USA
How Far is the Average Commute to Work?
In the US the average commute time in 2019 was approximately 27.6 minutes one-way. In 2016, Canadians spent an average of 60 minutes one-way. In 2019 it was recorded that the average commute time in the UK was 59 minutes. These are national averages; of course commute times will vary depending on whether or not you live in a heavily populated area. Sydney, Australia for example, saw an average commute time of 71 minutes, but the national average is around 66 minutes.