Investors can speculate on the price of oil directly by trading in oil derivatives or the USO exchange traded product, which tracks the price of WTI crude. Investors can also play the oil markets in a more indirect manner by investing in oil drillers and oil services companies, or ETFs that specialize in these sectors.
How much energy is in a gallon of gasoline joules?
Easy gallons of gas to J conversion. A U.S. gallon of gasoline contains 114,000 BTUs of energy, or about 120 million joules.
How much energy is in a gallon of gasoline?
Refinery efficiency is about 90 percent and the energy content of a gallon of gasoline is about 132,000 Btu. Put that together and you have about 13,000 Btu of energy cost per gallon of gasoline produced, which is equivalent in energy terms to 4 kilowatt hours.
How do you convert joules to gallons?
On the surface of the Earth, it takes about 9.8 joules to lift a 1 kilogram object by 1 meter. A U.S. gallon of gasoline contains 114,000 BTUs of energy, or about 120 million joules.
Convert Joules to Gallons of Gas.
|J||gallons of gas|
|128||1.0642 x 10–6|
|129||1.0725 x 10–6|
|130||1.0808 x 10–6|
|131||1.0892 x 10–6|
What is the meaning of 1 gallon?
1 : a United States unit of liquid capacity equal to four quarts or 231 cubic inches or 3.785 liters. 2 : a British unit of liquid and dry capacity equal to four quarts or 277.42 cubic inches or 4.544 liters. — called also imperial gallon.
What fuel produces the most energy?
Fossil fuels are the largest sources of energy for electricity generation
- Natural gas was the largest source—about 40%—of U.S. electricity generation in 2020. …
- Coal was the third-largest energy source for U.S. electricity generation in 2020—about 19%.
How much is CNG per gallon?
Find out more about why CNG is a good choice. The average cost in the US for a “gallon” of CNG yesterday was $2.26. Some places had it as cheap as $0.25 per gallon!
How much gasoline does it take to produce 1 kWh?
Natural Gas: It takes 0.01003 Mcf (1,000 cubic feet) to make 1 kWh. This includes power plant inefficiency. Oil (residential fuel): It takes 0.0016 barrels to make 1 kWh.