by 
Raymond
ANSWERS: 5
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Refining costs are about 18% to 19% per barrel of crude oil. Image expands when clicked upon.
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1) "Refining costs - The refining of crude oil makes up about 28 percent of the price of gasoline." Source and further information: http://www.topix.com/forum/news/george-bush/TVGFV35FO106BEI2O/p4 2) Comparison years 2005 ----- 2004 Refining cost ($/bbl) 0.89 0.70 Source: http://www.secinfo.com/d171Yu.zwv.c.htm
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they profit about 1 cent a gallon. 40 cents a barrel.
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depends on whose refinery and whose crude. you don't just show up with a couple of gallons of oil in Trinidad and ask them to run it through while you wait.
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It is about 16 to 25% of the cost of gas... depending on market prices...
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