energy






 

Question by  GreenGryphon (22)

How much does it cost to convert raw oil to gasoline?

I'm interested in the cost from the oil fields to the pumps.

 
+6

Answer by  Sazikular (50)

The initial start up costs to get your first drop of gasoline is on the order of magnitude of a hundred million dollars to build a drilling site and refinery

 
+5

Answer by  gianna729 (38)

According to the US Energy Information Administation, 28% to 30% of the price of gasoline in last decade was due to refining, distribution and marketing in the last decade.

 
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