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Gold/Mining/Energy : Big Dog's Boom Boom Room
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To: Tommaso who wrote (42032)4/15/2005 10:10:01 PM
From: Bearcatbob  Read Replies (1) of 206326
 
Tomasso, If the yield of gasoline was 42 gallons per bbl - which it is not - the oil component of gasoline cost would be about $.023 per $ per bbl. So at about $50.00 per bbl the cost of oil in today's gasoline is ~$1.15. Therefore the cost of taxes et al is closer to $1.00. I suspect the non oil costs are closer to $.85 since the yield is less than the 42 gal per bbl conversion factor.

Bob
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