Nov 18, 2014
Quit whining and do the calculations. Don't forget to add transportation, high Canadian taxes and a small profit for the retailer. Just the cost of crude oil is about $2/gallon or 50 cents per liter.
What Does One Barrel Of Crude Oil Make?
One barrel of crude oil contains 42 gallons which creates 45 gallons of petroleum products
About 47% of each barrel of crude oil is refined into automobile gasoline
In the US an average of about 2.5 gallons of crude oil are consumed per person each day
The US imports about 40% of its required crude oil and about 52% of that amount comes from OPEC countries