I always thought, though have no idea if it’s correct, that there comes a point where refining costs become less than oil costs, so as diesel uses more oil it becomes more expensive
Oil is $100 a barrel. A barrel is 158 littes. Diesel is £2 a litre. I don't think we're quite there yet.I always thought, though have no idea if it’s correct, that there comes a point where refining costs become less than oil costs, so as diesel uses more oil it becomes more expensive
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