What Products Use Crude Oil?

Answer Crude oil is a fossil fuel found beneath the Earth's surface. This diminishing resource is responsible for some of the world's most important advances in fuel systems, surgical equipment, and compu... Read More »

Top Q&A For: What Products Use Crude Oil

What Products Are Made With Crude Oil?

THe U.S. Energy Information Administration (EIA) reported in 2004 that one barrel of crude oil, unrefined, measures 42 gallons. Of these 42 gallons, 46 percent of all crude oil barrels break down i... Read More »

Uses of Crude Oil Products?

Although very valuable, petroleum in its natural state has few uses. After crude oil has been extracted from the ground, it is generally transported to a refinery, where it is heated and distilled ... Read More »

What affects the price of crude oil?

Crude oil prices change, depending on varying factors in the marketplace. Historically, such changes have been difficult to predict. The model of supply-and-demand generally applies, but other fact... Read More »

What percentage of a gallon of gasoline is due to the price of crude oil?

According to the Department of Energy, the average price of gasoline in 2008 was $3.25 per gallon and 69 percent of that price ($2.24) stemmed from the cost of crude oil. Federal and state taxes ac... Read More »