Cost of gasoline

A barrel of oil contains 20 gallons of gasoline. When oil is $100 per barrel, gasoline is $4 per gallon. $4 times 20 gallons equals $80 less the cost at $100 means a $20 loss. When oile is $50 per barrel, gasoline is $2 per gallon. $2 times 20 gallons equals $40 less the cost of $50 means a $10 loss. The money is made with the other 22 gallons which are used to refine jet fuel, home heating fuel, diesel and petro-chemicals. From each barrel of oil at $100 per barrel you get. 20 gallons of gasoline at $4 per gallon comes to $80 4 gallons of aviation fuel at $7.50 per gallon comes to $30 10 gallons of diesel at $5 per gallon comes to $50 3.3 gallons of heavy fuel and gases at $4 is $13 This totals $173 This does not include petrol chemicals. Oil companies have nothing to do with the price of oil which is set by global markets and they have little to nothing to do with gasoline stations of which they only own 5% and they are trying to get rid of those. There is no such thing as a stand alone gasoline station because they would go broke.