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1 barrel is equal to 42 gallons but only approx. 19.6 gallons of oil is changed to gasoline. Rest of them changes to diesel, jet fuels etc.

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15y ago
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9y ago

One US gallon is 0.0327 barrel.

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Q: How many barrels in one gallon?
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In the early 1860's, when oil production began, there was no standard container for oil, so oil and petroleum products were stored and transported in barrels of all different shapes and sizes (beer barrels, fish barrels, molasses barrels, turpentine barrels, etc.). By the early 1870's, the 42-gallon barrel had been adopted as the standard for oil trade. This was 2 gallons per barrel more than the 40-gallon standard used by many other industries at the time. The extra 2 gallons was to allow for evaporation and leaking during tranport (most barrels were made of wood). Standard Oil began manufacturing 42 gallon barrels that were blue to be used for transporting petroleum. The use of a blue barrel, abbreviated "bbl," guaranteed a buyer that this was a 42-gallon barrel.found this on seekingalpha.com


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