I ran the numbers. It cost PTOI about $16,000.00 t
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Posted On: 03/22/2020 7:49:07 PM
Re: PaperProphet #42281
I ran the numbers. It cost PTOI about $16,000.00 to make 1 barrel of oil.
What they spent / how many barrels they made....
Oil is $21 now..... Hmmmmmmmm
Environmental benefits... save the plant.... save the whales..... blah blah blah…
$16,000.00'ish a barrel.... WOW
What they spent / how many barrels they made....
Oil is $21 now..... Hmmmmmmmm
Environmental benefits... save the plant.... save the whales..... blah blah blah…
$16,000.00'ish a barrel.... WOW
Quote:
Oil dropped under $20 on Friday...but that still doesn't affect PTOI either way. PTOI would have to prove that there's value in the melted plastic above the cost of that plastic. So far there haven't been any numbers.
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