Question

A barrel of crude oil contains about 5.61 cubic feet of oil. How many barrels of oil contained in 1 mile (5280 feet) of a pipeline that has an inside diameter of 6 inches and is completely filled with oil? How much is "1 mile" of oil in this pipeline worth at a price of $100 per barrel?

Answer 1

1)volume of the  pipeline

The pipeline is a cylinder, therefore;
Volume (cylinder)=πr²h
r=radius
h=height of the cylinder

diameter=6 in*(1 ft / 12 in)=0.5 ft
raius=diameter / 2=0.5 ft / 2=0.25 ft.
height=5280 ft

Volume (pipeline)=π(0.25 ft)²(5280 ft)=330π ft³≈1036.73 ft³.


2) we calculate the number of barrel
1 mile of oil in this pipeline is 330π ft³ of oil.

1 barrel of crude------------------5.61 ft³
x----------------------------------330π ft³

x=(1 barrel*330π ft³) / 5.61 ft³=184.8 barrels

3) we calculate the price.

1 barrel---------------$100
184.8 barrels----------  x

x=(184.8 barrels * $100) / 1 barrel=$18,480

Solution: ≈$18,480