Use the Information for the Question(s) Below

question 89

Multiple Choice

Use the information for the question(s) below.

As an oil refiner, you are able to produce $76 worth of unleaded gasoline from one barrel of Alaska North Slope (ANS) crude oil. Because of its lower sulfur content, you can produce $77 worth of unleaded gasoline from one barrel of West Texas Intermediate (WTI) crude.
Assuming you currently have 10,000 bbl of WTI crude, the added benefit (cost) to you if you were to sell the
Of WTI crude and use the proceeds to purchase and refine ANS crude is closest to ________.

• A) ($1400)
• B) $1400
• C) ($3908)
• D) $3908

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Definitions:

Isopropyl

A hydrocarbon group or radical with the molecular formula C3H7, derived from propane by the removal of one hydrogen atom from the middle carbon.

Pent-2-ene

An unsaturated hydrocarbon with a double bond between the second and third carbon atoms in a five-carbon chain.

Oxetane

A four-membered cyclic ether characterized by an oxygen atom bonded to three carbon atoms.

Hybridization

The concept explaining the bonding in molecules by combining atomic orbitals into new hybrid orbitals suitable for pairing with other atoms.