Price of Oil vs. Price of Gas
We are always hearing about the price of a barrel of Oil How much oil is in a barrel? According to the google, "The 42-gallon oil barrel was officially adopted in 1866. Today, a barrel's refined products include about 20 gallons of gasoline, 12 gallons of diesel and 4 gallons of jet fuel and other products like liquefied petroleum gases and asphalt."
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