In reply to  Jed Rothwell's message of Thu, 03 Jan 2008 12:47:44 -0500:
Hi,
[snip]

It takes more than 1 barrel of oil to make a barrel of gasoline.

>Crude oil prices have reached ~$100. I think this translates to a 
>retail price of around $3.40 to $3.60 per gallon, computed as follows:
>
>$100 / 42 gallons per barrel = $2.38 wholesale, unrefined cost
>
>Other costs are variously estimated at about $1.00 to $1.20 per gallon:
>
>$0.40 refinery cost
>$0.49 tax
>$0.04 delivery
>$0.10 gas station profit
>
>$1.03 approximate total
>
>- Jed
Regards,

Robin van Spaandonk

The shrub is a plant.

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