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Jul 26, 2023 · To calculate gas price from oil price, divide the oil price in dollars per barrel by 33.69. How to Calculate Gas Price From Oil Price? The following example problems outline how to calculate Gas Price From Oil Price. Example Problem #1: First, determine the crude oil price ($/barrel). The crude oil price ($/barrel) is given as: 115. Finally ...
- Oil to Gas Ratio Calculator
To calculate the oil to gas ratio, divide the oil volume by...
- Oil to Gas Ratio Calculator
The average gas price in Canada fluctuates due to various factors including crude oil prices, taxes, and regional supply and demand. For the most current prices and to calculate your trip's gas costs, the Roadtrip app offers real-time data and calculations.
Jul 7, 2024 · Enter the current price of Brent Crude Oil to see the estimated gasoline price. Crude Oil Price Data. Input Data. Values. Price per Barrel of Brent Crude Oil. Estimated average U.S. gasoline price. Calculated Results. Values. Average U.S. Price per Gallon.
Apr 13, 2022 · Gas prices rose when oil prices rebounded to $40/b, sending regular gas to $2.17/gallon. 2015: Prices fell below $37/b by the end of the year, driving regular gas prices below $2/gallon in early 2016.
- Kimberly Amadeo
Several things play into the price you see at the pump, including supply and demand, crude oil prices, the cost of refining crude, taxes, and the local market. The retail margin varies according to the size of the town or city. In the gasoline market, prices in large cities are generally lower than in small towns.
Fuel Cost Calculator. This calculator can estimate fuel cost according to the distance of a trip, the fuel efficiency of the car, and the price of gas using various units. The price of gas may go up or down, but it's always a major expense for most drivers. The average American driver spends about $3,000 per year on gas, according to the ...
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Jun 27, 2024 · Estimated Production of Canadian Crude Oil and Equivalent. For further information, contact request.demande@cer-rec.gc.ca. 2024 (updated May 24, 2024) [EXCEL 338 KB] The data sources and calculations used are described in the Excel file on the first worksheet. Forecasted values are no longer available in this publication.