According to Bloomberg, WTI oil is at $49.61 per barrel, and Brent is at $49.60 per barrel. On Memorial Day 2015, Brent was at $65.37 per barrel, and two years ago Brent was at $110.01.
Aug 16, 2013
Gas is one derivative of crude oil. Heat from one gallon of gas is enough to power a 1,500-watt space heater on full blast for 24-hours. If it were possible for humans to digest gasoline, a gallon would contain about 31,000 food calories. That is about equivalent to the energy in about 110 McDonald's hamburgers.