Oil Economic Geography

Crude Oil Knowledge Base

crude oil? does anyone know anything about crude oil and can you tell my anything with it in?
Crude oil???????????????????? Is crude oil a mixture or compound of different molecules?? Are the molecules in crude oil chemically bonded to each other?? Thanks!!
Crude Oil ? a) Why is the demand for diesel oil and residue greater in winter than in summer? b) Why is the demand for petrol fairly constant in summer and winter? c) What could an oil company do to cope with the changing demand between summer and winter?
How much crude oil does it take to make a gallon of diesel compared to a gallon of regular? I know, in general autos get better gas mileage from diesel fuel, but as I understand it diesel fuel is more energy dense and I assume takes more crude oil to make. How much exactly? I would like to calculate how many miles one can drive on a barrel (42 gallons) of crude oil given in a vehicle that gets, say 50 MPG a) diesel, b) regular Knowing how much diesel and oil actually produced in the USA isn't the answer I'm looking for. This number is determined by supply and demand. I want to know in terms of energy. I know from wikipedia regular gas has 125,000 btu's of energy and diesel 138,700. Does it take the same amount of crude oil to make a gallon of either?
How could crude oil be a drain on the economy when crude oil IS the economy? Crude oil is the very foundation of our economy is it not.
How come crude oil and oil production figures are different? Right now, crude oil production is around 70 million barrels a day while oil production is 87.5 million barrels a day. Why the discrepancy?
How is Crude Oil important to the Canadian economic development ? How is Crude oil important in Canada can anyone give me a good long example ? can anyone give me a good long example ? can anyone give me a good long example ?
How has the price of crude oil affected the American economy? How has the price of crude oil affected the American economy? Since Crude oil is a limited resource how does it affect the laws of supply and demand?
Who owns the crude oil deposits under the house and lot that I own in Virginia? I have heard that residential home-owners who are Virginia citizens do not own the crude oil deposits that lie underneath the soil within their own property boundaries in Virginia. Is this correct?
How should falling crude oil prices affect earnings of a oil refinery company? Apparently crude oil prices dropped to a four week low to $79.02/barrel. I want to know how it could affect a company I might potentially invest in.
With the crude oil prices falling, will the airline companies ever stop with the 1st baggage fee? If crude oil prices continue to fall and stay around a hundred per barrel, shouldn't airlines stop charging for check-in baggage? I could understand if you carry more than 2 check-in baggages but with just one check-in baggage... Wasn't that the main reason why airlines started charging for check-in luggage in the first place? Cause of high oil prices!
when people refer to crude oil are they referring to brent crude or wti crude? Also which market (nymex, cme etc) is the one people look to for crude oil prices?
How long does crude oil take to biodegrade? How long does crude oil take to biodegrade? Please site reference(s), as I have researched but have not found any reliable answers. Thanks!
How much more crude oil does it take to make diesel versus gasoline? Say you have a million barrels of crude oil. You could use it to make x gallons of diesel, or y gallons of gasoline. I would imagine that x is less than y, since diesel is more energy-dense than gasoline. But can anyone give any specific figures, or at least tell me the percent difference between x and y?
What was the price of crude oil back before Katrina and the national overnight gas spike? I know gas was like $4 or higher when crude oil was over a hundred bucks a barrel. Now oil is down to $71 but gas is still just under 3 where i live. What was the price of oil on the stock market before Katrina when gas was around 1.50 or maybe a bit more?
What is the main components of crude oil? Hello, im doing a research on crude oil, and i need to know whats the components of crude oil is. The problem is i cant really find it. Thank you for all of your help.
How do you get oil (crude oil) out of clothes? My husband recently began a new job where he hauls crude oil. He gets it on his clothes (sometimes all over). How do I get the stains out? I've tried Dawn dish deterdent, something called Greased Lightning, Shout, Spray n Wash, ect... Nothing works. Any ideas?
What is the difference between crude oil and Brent Crude? I watch CNBC and don't understand why there is always a huge discrepency between the two types of crude oil.
How does price of crude oil per barrel relate to cost at the pump? I often hear in the news about how the price of a barrel of crude oil has either gone up or down (mostly up) and was wondering how that directly relates to the cost for gas by the gallon at the pump? Any ideas?
When the price crude oil is at a record high, how are oil companies earning record profits? I am talking about companies that buy and refine the oil not the companies that actually sell the crude. When the price of wheat goes up, you don’t see bakers making record profits so how do oil companies pull this off?
What happens if I hold a crude oil futures contract past expiration? Let's say I am trading crude oil futures, and I accidentally held a contract past expiration. What would happen? I can't actually take delivery of 1,000 barrels of oil! Conversely, what would happen if I held a sort contract passed expiration? I don't have 1,000 barrels of oil to deliver! Would these situation be settled in cash? What exactly would happen? Thanks!
What will happen after there is no more crude oil on the planet? I've heard that the oil peak is going to be reached this or next year. And from here the amount of crude is going down. After all this is finished up, what will humans use? Crude is so reliable and easy to use. I can't imagine a world with people relying on light and water as their everyday "gas". What is the world planning to do? I really hope scientists are coming up with ideas for things that could replace crude oil because its going to be all used up in 20-25 years!
How much natural gas/crude oil is required to generate 1 KW of electricity? I am comparing the costs of generating electricity from crude oil and natural gas. I would like to know: 1. How much natural gas is required to generate 1 KW of electricity? 2. How much crude oil is required to generate 1 KW of electricity? My government just increased the electricity bills by 21% citing increasing oil futures prices as the justification to do that. However, Singapore generated about 80% of its electricity from natural gas and not crude oil! I think this is a rip off.
How long does it take for crude oil prices to impact gas prices at the pump? I'm watching the oil market and notice that crude oil is nearing record his of last month. There was a sudden spike today. How soon should I expect gas prices at the pump to spike? Is it immediate (should I fill up today) or will it take days or weeks to take affect?
How much is the average yield for crude oil? Can anyone know the average yield for crude oil? If a man keep buying the crude every year, could he gain profit that beat inflation?
What is the lowest temperature crude oil needs to vapourise all these hydrocarbons? What is the lowest temperature to which crude oil needs to ne heated to vapourise: Gases, petrol, paraffin, diesel?
Why are crude oil prices falling in the US right now? A little while ago, crude oil prices were plummeting with the price of the euro. Now the euro and pound are rising but crude oil prices are falling. Can someone explain the seeming contradiction? Why are oil prices falling? SDD, crude oil prices indeed fell over a course of a few days. They have recently risen though. I suggest you recheck the US markets over the past week or so--your comment is inappropriate.
How does crude oil become a plastic bag? I just need to know the basic story of the journey of a carbon atom, from crude oil to a plastic bag. Thanks :)
What role does supply of crude oil play in the price of gasoline? Help would be really appreciate. If you have time, just don't tell me the role, but also tell me WHY crude oil plays this role.
What would happen if we ran out of crude oil, and how can we make it last? What would happen if crude oil ran out? What would we have to do without? How can we make crude oil last as long as possible. What are the alternatives to crude oil?
what happens to crude oil when it is left alone in the earth? what happens to crude oil when it is left alone in the earth? i know that crude oil is a biproduct from way back when, but if left alone in the earth what would it "turn" into, if left alone for say, how ever long?
How do you check streaming crude oil prices? I have scottrade, how do you look up the streaming price for crude oil? is their a ticker symbol or something like that?
How do you invest in crude oil online? I am a beginning trader with a TD Ameritrade account. I would like to know how to invest in crude oil. Is there an ETF or something out there? Any info would really help. Thanks!
How much gasoline produces a barrel of crude oil? Does it produces more or less than a barrel? I've always wonder if a barrel of crude oil produces.... let's say 4 barrel of gasoline or actually produces less than a barrel. Anybody knows?
How do we get crude oil from underground? How do we get crude oil from underground? Thank-You and why do we need crude oil?
Why does refining capacity in the United States affect world crude oil prices? I have seen this several times already in media reports. They claim that limited refining capacity is partially to blame for increased (crude) oil prices. I can understand that refining capacity would affect prices at the pump, but how is it that it affects world crude oil prices? It would seem that limited refining capacity that would cause limited supplies at the gas pump which would result in less crude oil being used, thus causing higher crude oil supplies. If other countries do not have as limited a refining capacity, wouldn't it make sense that they would have lower prices at their pumps (all else being equal)? pjallittle, if I understand you correctly, you are saying that the US market is so large, that when the refining capacity goes down, OPEC and other producers react by limiting supply. Even if producers could instantly change their production, this would result in the price of crude remaining the roughly the same. However, instead it used as reason for higher crude oil prices. In other words, if what you are saying is true, the opposite would also apply. So, if refining capacity magically increases in the US, the price of crude oil falls even if demand for crude oil increases? This also does not make sense to me.
How do crude-oil futures prices in commodity markets translate into big oil-company costs? Speculation on the commodity exchanges is driven by feelings of concern about political events and other external factors. The cost of crude oil to refineries is determined by actual supply and demand conditions in an entirely different market. Often long-term contracts between the few major oil companies and foreign governments set the cost of crude. Why then is every speculator-driven uptick in oil-commodity-futures prices reflected in higher gasoline prices at the pump? I don't understand the link between the two markets. Can anyone explain this to me?
How can I buy crude oil shares? If I want to invest in crude oil, how can I do it? I am planning to invest about 1000$. So, it's not a hige investment too.
How does crude oil price affect the gas price at the pump? When we see this price go down, how soon until we can expect to see the price at the pump go down? Also, these price reports usually include "for (month) delivery". Does that mean delivery to consumers, or delivery to the refineries? How does this delivery month affect prices at the pump? I understand that outside influences can change the price at the pump (refinery capacity, strikes, tax changes, etc). But, if we strip these variables away, how much does the price of crude oil (per barrel) affect the price at the pump?
Is it possible to burn the spilled crude oil on water surface? Looks like BP finally put the 150,000 lbs lid on the leak! Hope they really stopped the leak and didn't start somewhere else. What's next? How are they going to clean-up the floating crude oil from the ocean surface? It's been leaking for 3 months now. Is it possible to burn the millions of gallons of oil floating around the ocean surface? If there is a chance, I think that is less hazardous compared to leaving the oil on the surface for months, affecting sea life and coastal life. Any thoughts, suggestion or Ideas? Have a fantastic day!
How to contact crude oil refineries? I am looking for a place that i can contact crude oil refineries directors to do business with as their representive. I am can make them have this product.
how much crude oil are used annually to make gasoline and heating oil in United States? Is there a website showing the crude oil used annually to make heating oil and gasoline in united states? Also, I want to see the percentages and trends over the years. Thanks.
What drives the price of Tapis Crude Oil for Australian Importing? Australia Import "Tapis" Crude Oil. Tell me what determines how much it costs for Australian refineries to import per barrel.
Can crude oil evaporate into the atmosphere to condense later to rain down in another form? I know that if it does evaporate that it would not condense into crude oil but I'm pretty sure that the hydrocarbon chains might bond with water or at least recombine into other maybe toxic forms form droplets like rain.
How do I contact oil companies to request to buy Crude Oil? What do I need to know as I am a middle man with buyers looking at crude oil.
What fraction of distilled crude oil contains what is used to make Terephthalic Acid or Ethylene Glycol? Which fraction of the distilled crude oil has terephthalic acid or ethylene glycol? Or, if they aren't produced by fractional distillation, the chemical that needs to be cracked to produce those two. Please name the chemical that needs to be cracked/unified/altered to get terephthalic acid or ethylene glycol. Thanks in advance!
How can the average person short crude oil? If you think the price of crude oil is due for a turn-around - what kind of options are available to the average investor to take advantage of tha? I know there are some ETF s like DCR that give a 2 pct change for every 1pct change of crude price .. any other options?
What is the inflation index, gold price and crude oil price index for last five years? For a project i need information on that topic. " The analytical study of correlation between inflation, gold prices and crude oil".
When the media reports that crude oil costs so many dollars per barrel, what would be the cost per tonne? Oil is priced for the media in barrels, but nobody actually buys oil in barrels or any other volume unit as the volume changes with changing temperature. Purchasers actually buy it per tonne or megagram which is the same thing. Oil has varying densities (tonnes per cubic metre), so how would one calculate the per tonne price for crude oil that is priced in barrels?
crude oil? does anyone know anything about crude oil and can you tell my anything with it in?
What is the forecast of crude oil prices for next one year? Who are the market experts? If you can suggest me some important websites, experts that can give me crude oil prices report that would be very helpful. Thank you:)
How do energy stock prices continue to fall yet the price of crude oil per barrel continue to rise? I don't make the connection. If crude per barrel is at an all time high shouldn't the oil companies be making more money because they will raise the price of gas per gallon even more.
How many gallons of gasoline come from one gallon of crude oil? Additionally, how many other products come from the same gallon of crude oil?
How much crude oil is in propane? I Know there is crude oil in propane, but how much? If someone can find me a website that has a percentage or somthing that would be great! I need it for my research paper.
What is the name of the black, sticky residue left after the separation of crude oil? What is the name of the black, sticky residue left after the separation of crude oil? I know that it can be used to surface roads, fuel for ships and as lubricant oil. Thank you!
What is the NY stock exchange symbol for crude oil? Every day I read and hear about crude oil closing at different prices on the NY stock exchange. When I try to find the symbol I get many different symbols. Any one know which one I would use to check it by the hour, I mean the one they use in the news broadcasts every day and on the radio. I just heard it was around $55.00 but that doesn't tell me how to find it myself.
I want to locate a website with current crude oil price per barrel in the Williston Basin, Montana? I am trying to search for a website on the internet that I can access daily to find the current price per barrel of crude oil. This would be for the Williston Basin region in Montana.
How is gasoline made from crude oil? What is the formula for make gasoline from crude oil and what kinds of machines would I need in order to do it?
What option chain would I look for if I wanted to buy a call for sweet crude oil? Hi, I am new to options. If I wanted to buy options for sweet crude oil, what ticker would I put in to find the options chain? If crude oil is at $146 and I wanted to buy 10 contracts, how much would that cost? Thanks in advance.
What will be the problem to the earth if all crude oil is pulled out? Are all elements meant to be balanced? Does crude oil have any importance role within the earth crest?
Is their a relationship to crude oil and DOW stock prices? Crude oil prices go up Dow stock prices fall or move together or vise verse.
"How does the current increase in global crude oil prices affect tourism both here and abroad? "How does the current increase in global crude oil prices affect tourism both here and abroad. Expound on the advantages and disadvantages of this on-going phenomenon.
There is new product launched which thins crude oil does anyone know what it is called ? Apparently it makes crude oil flow like water and it has seriously positive implications for extracting oil which makes it cheaper for the consumer, i heard about it on the radio but did not catch the name? TB something?
How does an atom of carbon in CO2 become an atom on carbon in crude oil? How does an atom of carbon in CO2 become an atom on carbon in crude oil? Thanks very much for your help, I am very interested in this and was just wanering ow an atom of carbon in CO2 become an atom on carbon in crude oil + how does it then get seperated out again, Thanks.
Why is lack of refinery capacity often cited as one of the reasons for the high crude oil price? As I see it, lack of refinery capacity would be more likely to create a glut of crude oil (but a shortage of petrol), and to bring the price of oil down. Mickey Clark (Radio 5 - Wake Up To Money) has mentioned the refinery capacity thing at least four times, but he never tackles my e-mails on the subject.
How has the inclusion of ethanol in gasoline had an effect on the US demand for crude oil? It has been noted that there have been steady increases in the US demand for crude oil over at least the last 20 years. What I have not noticed is a decrease in the demand to account for the 10% ethanol mandate, that should have caused a significant decrease in the US demand. Any thoughts?
Can we create edible proteins from crude oil? I've found a 1966 Reader's Digest in our local library containing this specific article, unfortunately, the same article about creating edible proteins from crude oil was ripped out. Was it ever successful?
what are we doing to replace the usage of crude oil in the petrochemical industry for producing ethene? people are looking at using cellulose in plants as an alternative for using crude oil in the process of producing ethene. eventhough this is suppose to be an environmentally friendly alternative to crude oil, won't it harm the environment by decreasing the number of trees?
Why do gas prices not go down when crude oil prices go down? Crude oil has slipped a bit lately, yet gas prices continue to soar across America. Will gas prices ever go down because of the decrease in price or future price of crude oil? Why do gas prices not go down when crude oil prices go down?
What and how many products can a refinery get from 1 liter of crude oil? I am interested to find out how many products can be made from a barrel of crude oil, we all know that a barrel consists of 200 metric litrs, but after refining, what is the yield, what do they get out? I ask this because I am told that out of each liter, more than one liter of products is derived.
What are the TRADING SYMBOLS that I can use to watch CRUDE OIL prices? I like to watch the CALL and PUT options on the stocks that I own. Now, because of the World condition and Gasoline prices, I would like to watch the same thing on Crude Oil. I do not care about Oil Companys, per se, nor do I care about Futures, unless I have to start learning about those. I am thinking there are CALL and PUT options on CRUDE OIL! What are the symbols?
Is it possible that global warming is actually the many years of crude oil extraction from the earth? Could crude oil be whats keeping our earth from melting from the inside out? Does it not act as an insulator?
Is fractional distillation of crude oil considered a physical change or chemical change? Physical change: A reversible change whereby no new substance is formed. Chemical change: An irreversible change whereby one or more new substances are formed. Fractional distillation of crude oil is the thermal separation of a mixture of hydrocarbons into its varous constituents (due to their different boiling points). I am not sure if this is irreversible. Please advise. Thanks.
Why do gas prices not closely follow the price of crude oil? The price of crude oil is dropping like a rock, but gas prices have remained steady or have gone slightly up in past months. Why do you think it is so? Do you think the U.S. Government have anything to do with it?
With the oil companies how is it that a big increase in crude oil prices equals huge profit increases? I was just wondering because every time there are huge price increases in overseas crude oil (the raw material our domestic oil companies use to make most of their gas and other products.) The oil companies always report increased profits, usually record profit increases. Is there any other industry that anyone can think of that has record profits whenever their raw material prices increase. That seems a little unreasonable to me if they are pricing their products fairly. Or am I wrong?
How and why is hydrogen a good alternative source for crude oil? What other alternatives are there for crude oil?
Can someone answer a few questions about cracking crude oil? I have got these science questions based on an experiment the teacher did about cracking crude oil.She used parrafin and porcelain. What is the gas that is wasted in bubbles? What is the function of the hot porcelain in the experiment? Thanks.
should higher crude oil prices eventually coorelate to better profits for big american oil corporations? If i believe that crude oil prices will rise much higher, then is it a good idea to invest in big american oil? If you answer this question and are an economist, please say so
Crude oil is sparated into different carbon compuns. What is an equation showing the combustion of octance gas full question: Petroleum is also burned for energy. Crude oil is sperated into different carbon compunds. For example, octane has 8 carbons and is C8h18. Write an equation showing the combustion of octane gas.
Must you have a license to sell crude oil in the USA? Must you have a license to sell crude oil in the USA? Must you have a license to buy crude oil in the USA?
Why when Crude Oil is the cheapest its been for years is Domestic Heating Oil so expensive ? I have just been quoted 29.5 pence per litre for 28second Kerosene for my Boiler. 5years ago I was paying just 17.5 pence per litre, who is not passing on the reductions in crude oil prices to the customer?
Why are gas prices high compared to crude oil? Crude Oil peaked at $147.27 per barrel on July 11 and gas prices were averaging $4.11 per gallon. Today the price per barrel is averaging at $2.95 with crude oil at about $75 dollars per gallon. Shouldnt our gas prices be at about $2.05 per gallon or is there something I am missing?
What are the uses and importance of crude oil? What is the uses and importance of crude oil?
Are crude oil and fossil fuels the same thing? I am so confused about how gasoline is made! I embarrassed myself in class today by saying gasoline is made up of fossil fuels and then contradicting myself when I then said gas is made from crude oil. Can someone please tell me the difference or correlation between crude oil, fossil fuels, and gasoline? ANy other info about gas or anything pretty relative to this is welcome. I want to be informed and not make a fool of myself again. I really appreciate it!
Can anybody tell me what is the forecast of light sweet crude oil in future? this is a forex trading question.and my plan is to invest in stock market and trade in light sweet crude oil,anyone of you have a experience of future stock market please help me and inform me what is the resistance and spot of light sweet crude oil.it will get stronger or weeker.
Do you beleive the electric car is the best way to solve our dependance on crude oil? Crude oil is running out and today electric cars are in very high demand.
Would you taste sweet crude oil to verify it is indeed sweet? Or is that fuelish? It left me gaseous so I guess I have nothing to be tankfull for. And as always, serious answers only please. Would you taste sweet crude oil to see if it is indeed sweet?
how can I get historical data for crude oil? I would like to import the data into MATLAB, preferably it would be in the same .csv format as yahoo gives on its historical stock quotes, as my routine is already designed for this. Yahoo data would therefore be better. I have failed to find a code which translates to the price of crude oil. Can anyone help?
How can I become an international crude oil agent. I want to for minimum financial investment get involved.? My interest in crude oil goes back many years. I want to start a company that links sellors with buyers of crude for commission. So if i'm only getting 1USD per Barrel but helping buyers buy up to a million barrels and beyond, then I'm into profit. I don't want to lay out loads of cash, my biggest investment I want to put in is time and skills. I'm very good at research, and at doing things within a framework. I understand the importance of laws and how costly not abiding by local, regional, national on international law can be. I don't want this to be an elaborate venture just yet. Does anybody have know how on how I could become a successful crude agent, using my computer, phone line, email, bank accout, languages and key factor a clear British Passport. If you can guide me in any way then please be in touch. A partnership or joint venture would be considered. Simple model i'm working with is to find sellors globally, get product information, find buyers for commission. ?
How much does the crude oil cost per gallon? I'm in the 8th grade i have to do a prject about crude oil and see how much is cost how is it good and how is it bad i did all of that except how much does it cost
How much of crude oil production goes toward the production of polymers? How much of crude oil production goes toward the production of polymers? What percentage of crude oil is used to produce polymers..
Is it possible to remove mercaptans from crude oil just by heating? I want to know is t\it possible to decrease the amount of mercaptans in 120000 crude oil storage tank by just turn on the heaters and increase crude oil temperature?!! if you have any source pleases give it to me!!
what will be there to control the crude oil prices increase in future? how to control the crude oil prices increase.
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