The production cost of oil varies widely: The U.S. cost per barrel cost was $57 for deep-water oil and $73 for shale oil in 2014. The per-barrel cost is as low as $3 for on-shore oil in Saudi Arabia or as high as $120 for Arctic oil in Russia.
The U.S. Energy Information Administration publishes the average prices of heating oil and propane. Prices are shown in dollars per gallon, excluding taxes. Prices are only collected during heating season, which is October through March.
While many factors influence the cost of installing a heat pump, the average homeowner pays a total of about $5,000, as of 2015. The cost is often significantly more in homes without existing duct work. Larger homes require larger heat pumps, which further increases the installation cost.
As of 2015, the average cost of an oil pump installation is between $300 to $1,000 depending on the car, labor cost and quality of pump used. The oil pump is a vital device that keeps the car running; if not replaced, it may cause damage to the car engine.
The average cost to replace an oil pump ranges from $300 to $600, as of 2015. The cost of purchasing a new oil pump is between $100 and $300, depending on the vehicle, while the cost of labor ranges from $200 to $300.
As of 2015, the cost of a simple will is between $300 to $600 when drafted by an attorney. Do-it-yourself will kits average between $30 to $60.
The average cost to make a will is about $375 as of 2015, according to Legal Zoom. This cost typically covers one meeting with the attorney drawing up the will plus the document itself. Additional documents, such as a power of attorney, raise the cost.
As of 2015, consumers reported paying between $25 and $50 for oil changes using conventional oil and $45 to $70 for oil changes using synthetic oil, according to Angie's List. Pricing varies depending on the car's model, the oil filter used and any additional services the customer requests.
As of 2015, the average cost to repair an oil pan gasket ranges from about $400 to $500. The specific price is dependent upon the driver's location, as well as the make and model of her car.
The U.S. Energy Information Administration estimates the average cost of Brent crude oil for 2015 at $60 dollars per barrel. EIA projections predict production costs of $67 per barrel in 2016.