Need opinions for class. If it doesn't effect you now, how do you think itll effect you if the gas prices sore past 4 dollars for regular? Thanks!
Makes me say bad words while filling up.
Archive for July, 2008
If you make a relation of the price of a barrel of crude oil (+-) $25 to $2 a gallon gasoline in 2002 and, $125 a barrel of crude oil now, one gallon gasoline would cost $10.
Am I wrong?
If a barrel oil (42 US gal) costs 126$. That means 3$ a gallon of crude, if you add the procesing, transport etc. it wouldn't be a good business to sell it for 4$
a 55 gallon drum of crude produces 44 gallons of gasoline
the price we pay is not just the cost of crude it is also profit, refining cost, delivery, advertising, taxes. all of those cost did not go up only the portion for the actual raw product therefor the finished delivered price only doubled even though one part of the production cost went up 5 times.
oil company profits have skyrocketed because they actually own part of the crude that they sell to them-self to refine. they right off the expense of buying crude from them-selves.
nice trick ain't' it?
that refining of crude oil also results in by-products that are then also sold nothing is wasted and when you add in the fact that they own or are in joint ventures with the governments who own the oil their actual cost per barrel is not the market price. much of the oil that we use is from the US and the oil companies have leases and contracts for that oil they pump that pay no where near the world market prices. most of those contracts and leases have been in place for decades.
I usually buy a beverage anything other than regular coffee like caramel latte, etc. Do u have any idea of how much calorie it has?
a carmel latte probuly has around 300 calories. latte's tend to have a lot of calories, and topped of with carmel is just bring the calories up more…. =/
I keep reading about it been illegal to slant drill in Texas, but I can't find a law reference. We were told at a recent seminar in Fort Worth that the oil companies would use a single platform to directional drill for gas in our neighborhood and the platform would be at least 600 feet from the nearest resident. Where would I find the Texas law about oil drilling without get a lawyer.
You need to check the Oil Drilling regulations of the Texas Railroad Commission (despite the name, it is the state agency that controls oil wells and the oil industry in the state of Texas. )They promulgate specific regulations regarding practices like "slant hole drilling", since a famous case in Texas on this subject back in 1961, which established the law in the state on that subject..
the Railroad Commission worked on some of its most interesting regulatory problems in the 1960s. One case that captured the public’s imagination was the so-called “slant hole” drilling case in East Texas in 1961. A total of 93 wells were found to have been drilled at an angle in order to pump oil from underneath neighboring property. Faced with this new technique of stealing, the legislature passed a law stating that a well could not deviate more than three degrees from the vertical.
See, 43 Texas Law Review, 772.
Ralph W. Dau and Shannon H. Ratliff, Pipeline and Lender Liability for Slant-Hole Production, 43 Texas L. Rev. 772 (1965).
I am driving from Los Angelos airport to Salt Lake City, Utah. Can anyone tell me how much will that cost me on gas? I need to know the approximate cost.
I am taking one dog from LAX to SLC, the cargo will cost me 392 dollars, and I want to know if I drive her myself, is that gonna cost less or more?
are you driving a hummer or a prius?
in other words, how many mpg are you gonna get?
times 4, divided into the number of miles.