If the heat content of a barrel of oil is 5.8 million Btu, determine the cost per kWh of electricity for oil.

The cost per kWh at $43 per barrel of oil is $0.02706

Explanation:

The parameters given are;

Heat generated per barrel = 5.8 × 10⁶ Btu

1 Btu = 0.000293071 kWh

5.8 × 10⁶ Btu = 1699.81 kWh

Therefore whereby the cost per barrel of oil = X

Then we have;

X = 1699.81 kWh

∴ 1 kWh costs X/1699.81

Where the current price of crude is $43.0

We have, cost per kWh = 43/1699.81 = $0.02706

The cost per kWh at $43 per barrel of oil = $0.02706.

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