Comment by alex43578

2 days ago

Brent crude is $71 a barrel, but you can't buy gas for $1.69. Why's that?

Are you able to buy crude by the gallon and refine it yourself? That would bring the cost down a bit.

  • You can buy oil on the market and take delivery, yes. Figuring out the logistics (tanker trucks, rail cars, storage tanks etc) will also be your problem though.

    Commodities markets aren’t like eBay, nobody is just going to FedEx you a barrel of oil.

    • > nobody is just going to FedEx you a barrel of oil.

      I'm sure someone will if you pay enough. But you certainly won't be getting the market standard bulk price.