How will drilling for oil affect gas prices today?
Wednesday, August 18, 2010
If the price of one barrel crude oil $100, what wil be the apprx price of refined 1 litr diesel & 1 litr petro?
With 158.99 litres in a $100 US barrel it is 37p per litre crude.
At the moment it is $78 US barrel, this is less at 29p per litre/
(using USD to GBP conversion of 1.7)
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