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re: Heard on the news $4 a gallon gas again

Posted on 1/23/11 at 2:45 pm to
Posted by PointsInCase
Member since Dec 2009
698 posts
Posted on 1/23/11 at 2:45 pm to
quote:

To the poster inquiring about the relationship of crude to gas prices, crude is used to make plastics and not all crude is easily processed into gas.

This.

Only roughly 48% of a barrel is refined into gasoline.
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