Quote:
Originally posted by Lane
much higher profit margin, thefore price changes of raw oil has much smaller affect on it
|
I think gas is broken down more than oil would be thus a barrel of crude will actually yeild more gas than motor oil, however, i refuse to believe that oil companies would eat a loss on each unit of oil sold.
I wonder how many liters of gas and how many liters of engine oil a barrel would produce.
I'm guessing that it would produce far more gas than engine oil, which would mean the oil is much more pure and thus more expensive and like gold, more prone to market value.