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Posted On: 01/15/2018 5:29:17 PM
Post# of 43066
Quote:
Given what appeared to be a well-recognized break-even of $50/bbl
When and where did this piece of nonsense get started ?
The only reference the company ever stated about $50bbl was this ( and it has no mention of break even)....
Of primary influence to our decision to expand our sales efforts and to bring the flagship processor #3 back on line is our view based on analysis and consultation that oil prices have reached a bottom and could rise to $50 a barrel by the end of the year
http://www.plastic2oil.com/site/news-releases...ve-officer
The statement " well-recognized break-even of $50/bbl" is most likely pure fabrication with no reliable sourcing.
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