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| Crude Oil Price, Hourly for week of October 15, 2012 |
Hourly, for the last week. Low of $89.80 per barrel at 11AM on Monday, high of $93 around 10AM on Friday, but mostly around $92. A barrel holds 42 gallons, so a price difference of one dollar per barrel translates to around two and half cents per gallon.This weeks maximum difference was $3.20, which translates to about 8 cents per gallon. Refineries can get about half a barrel of gasoline from each barrel of crude oil.
Stumbled on this chart while I was looking at the Argentine Peso. Daring daughter wants to go back, but the situation is not looking good.
Update September 2018 replaced missing image.
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