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The statistic represents the average U.S. refiner acquisition cost of composite crude oil between 1985 and 2011. In 2000, this figure stood at around 28.26 U.S. dollars per barrel. According to the source, nominal U.S. dollars reflect the buying power in the year in which the transaction occurred; not adjusted to remove the effect of changes in the purchasing power of the dollar.
Average U.S. refiner acquisition cost of composite crude oil from 1985 to 2011* (in nominal U.S. dollars per barrel**)
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Topics
Oil industry in the U.S.EIA. (August 30, 2012). Average U.S. refiner acquisition cost of composite crude oil from 1985 to 2011* (in nominal U.S. dollars per barrel**) [Graph]. In Statista. Retrieved May 21, 2024, from https://www.statista.com/statistics/201785/average-us-refiner-acquisition-cost-of-composite-crude-oil-since-1985/
EIA. "Average U.S. refiner acquisition cost of composite crude oil from 1985 to 2011* (in nominal U.S. dollars per barrel**)." Chart. August 30, 2012. Statista. Accessed May 21, 2024. https://www.statista.com/statistics/201785/average-us-refiner-acquisition-cost-of-composite-crude-oil-since-1985/
EIA. (2012). Average U.S. refiner acquisition cost of composite crude oil from 1985 to 2011* (in nominal U.S. dollars per barrel**). Statista. Statista Inc.. Accessed: May 21, 2024. https://www.statista.com/statistics/201785/average-us-refiner-acquisition-cost-of-composite-crude-oil-since-1985/
EIA. "Average U.S. Refiner Acquisition Cost of Composite Crude Oil from 1985 to 2011* (in Nominal U.S. Dollars per Barrel**)." Statista, Statista Inc., 30 Aug 2012, https://www.statista.com/statistics/201785/average-us-refiner-acquisition-cost-of-composite-crude-oil-since-1985/
EIA, Average U.S. refiner acquisition cost of composite crude oil from 1985 to 2011* (in nominal U.S. dollars per barrel**) Statista, https://www.statista.com/statistics/201785/average-us-refiner-acquisition-cost-of-composite-crude-oil-since-1985/ (last visited May 21, 2024)
Average U.S. refiner acquisition cost of composite crude oil from 1985 to 2011* (in nominal U.S. dollars per barrel**) [Graph], EIA, August 30, 2012. [Online]. Available: https://www.statista.com/statistics/201785/average-us-refiner-acquisition-cost-of-composite-crude-oil-since-1985/