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kjb kjb is offline
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Join Date: Aug 2003
Location: Palo Alto, CA
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Quote:
Originally posted by LubeMaster77
$70 / 42gl = $1.66/gl for crude. 46% of crude processed is gas.
Just realized that the other products aren't given away for free. It's been a long week.


If refineries buy oil at $70 per barrel and it sells for $3 a gallon at the pump, it makes no sense. If the price of crude levels off at $70, will prices at the pump level off at $3.75/gallon or so?


/ J

edit: Just realized my mistake!
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Last edited by kjb; 09-02-2005 at 02:09 PM..
Old 09-02-2005, 02:05 PM
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