Ask a Landman

Im doing a research paper on Crude Oil and Gas Prices. Please help any good answers on the subject. Besides Saudi Arabia where does America Puchase its Crude Oil?

How long does crude oil take to biodegrade? Please site reference(s), as I have researched but have not found any reliable answers. Thanks!

Looks like BP finally put the 150,000 lbs lid on the leak! Hope they really stopped the leak and didn’t start somewhere else. What’s next? How are they going to clean-up the floating crude oil from the ocean surface?
It’s been leaking for 3 months now. Is it possible to burn the millions of gallons [...]

Can anyone know the average yield for crude oil?
If a man keep buying the crude every year, could he gain profit that beat inflation?

I mean is the best use of crude oil as a fuel or a petrochemical?

I’ve heard that the oil peak is going to be reached this or next year. And from here the amount of crude is going down. After all this is finished up, what will humans use? Crude is so reliable and easy to use. I can’t imagine a world with people relying on light and water [...]

With oil prices on the rise I am wondering at what price per barrell of crude oil will alternatives be cheaper.

I know that if it does evaporate that it would not condense into crude oil but I’m pretty sure that the hydrocarbon chains might bond with water or at least recombine into other maybe toxic forms form droplets like rain.

Gasoline is produced from crude oil,a nonrenewable resource. Ethanol is mixed with gasoline to produced a fuel called gasohol. Calculate the mass (in grams) of water produced when 66.89 g of ethanol is burned in 56.51 g of oxygen.
C2H5OH + O2 → CO2 + H2O

I was wonder if the crude oil has extreme enough health effects on humans to be able to kill them. Same goes for the dispersant chemicals being used, has anyone died from the crude oil and dispersant chemicals? I am thinking about going down and helping out in the gulf, but I do [...]

If crude oil import are reported in TMT what does that stand for? 1 barrel of oil equals how many TMT?
Assuming 1 metric ton equals 7.3 barrels of oil. How many barrels of oil is 13428 TMT?
Yes TMT stands for thousand metric tons

Is there any regulations with the oil/gas company or gas stations?
Crude oil propped below in the past month and now at below /barrel. In the mean time, the price at the pump raised from .79 to .85/gal for regular 87 octane. I remember few yrs ago at /barrel, the price at pump was around [...]

Crude oil is heated to about 1250 degrees farenheit. It still doesnt catch fire. I understand that gasoline is ‘derived’ from crude and am not confusing the two. Still, the crude oil has enough flammability to catch fire if it touches a direct flame. Yet, it withstands boiling upto such high temperatures. How? Why?

If they do this how will the deman for crude oil change?

the first source provides crude oil that is 55% hydrocarbons.
The second one provides oil that is 95% hydrocarbons. In order to obtain 40 gallons of crude oil that is 90% hydrocarbons, how many gallons of crude oil must be used from each of the two sources?

I’m particularly interested in the term "opportunity". I found some info about opportunity crude oil, I know what it means but I have to translate it into French or any other language and it seems impossible to do it…I thought maybe a synonym would help…Thanks!

gold. I just searched on –> "red colored crude oil" with the quotes in and I got ZERO hits. Does it mean the oil is "young" or what?
Thanks Strato, that does sound nasty. Seems the poor Gulf is catching it from all directions.

Just like Gold has GLD ETF, is there any ETF for Crude Oil that I can buy?

Please let me know the balance quantity of crude oil remains.

Can you defend why you think crude oil will be a certain price? Also, any thoughts on the price of gold, especially if crude continues to fall?

what happens once the crude oil is heated and then turns into gas.
Please could uoy tell me step by step on how it works
much appreciated, thanks

1.I know there is petroleum (crude oil) within earth, where is it? Is there only petroleum or are there similar fluids as well that are used for similar purpose? The earth has the characteristics to absorb liquids and fluids such as water, why the earth does not abosb the petroleum that is within it? I [...]

Back in the month of june- july the prices of Crude oil were more than 0/barrel. As the oil is a limited resources on earth and OPEC have near about monopoly in the sector. demand is also not decreasing. Economics says more demand prices bound to be high. then how the prices can fall to [...]

From the US Department of Energy:
"The projections …indicate that access to the Pacific, Atlantic, and eastern Gulf regions would not have a significant impact on domestic crude oil and natural gas production or prices before 2030. Leasing would begin no sooner than 2012, and production would not be expected to start before 2017."
Furthermore:
"Because oil prices [...]

whats their relationship? is gasoline a product of crude oil which is a fossil fuel?