If oil cost 94 dollars a barrel how much should gas cost on average at the pump? - current oil price graph
I try to make a graph of the current oil prices and the historical average price at the pump. In this way, I hope, know what to expect when oil reaches $ 80 or $ 100 per barrel.
Please tell not only by one at the pump now, and you know. This does not help me understand if I get caught. I compare the current history. For example, last year, when the cost) of 94, a pistol (like now, how much gas cost on average?
Chris.
Monday, January 4, 2010
Current Oil Price Graph If Oil Cost 94 Dollars A Barrel How Much Should Gas Cost On Average At The Pump?
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1 comments:
You can not by the price of a barrel just go. You need to take into account the transportation costs of labor, the refining capacity at the time of the cuts, the quantities delivered, etc.
Check to receive gasbuddy.com or other similar sites, a graphical view.
Windfall gains aside, I read somewhere I again (Google), that oil companies must make profits, only 12% per barrel, the rest goes to the fees and other costs. Compare this with the retail clothing, which has a margin of about 600% (which is non-profit has seen 500%) and that we are our gas was relatively cheap - there are indeed a lot of gas obtained.
Earlier, when I began to see the region in 1987 that gas was about $ 18 per barrel, and I paid about 90 cents per gallon for the things really cheap. Doing the math, $ 100 per barrel to $ 5 per gallon to pay any increase in the counting of the transportation costs, labor costs, refinery capacity at a time, cut the quantities delivered, etc.
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