Fun with numbers for a Saturday P2O Revenue Fu

Fun with numbers for a Saturday

P2O Revenue Fuels

2011 - $166,885

2012 - $614,567   270.5% actual increase over 2011, 3.7 multiplier (3.683)

Projected

2013- $2,273,898   270.5% estimated increase

2014 - $8,413,422    270.5% estimated increase.

2015 - $31,129,662   270.5% estimated increase

Fuel produced

2011 – 88,248 gal

2012 – 317,224 gal actual (2011 x 3.6), 317,224/6500 = 49 tankers produced, 53 tankers shipped

Projected fuel produced using 3.6 multiplier

2013 – 1,142,006 gal, 175 tankers

2014 – 4,111,223 gal, 632 tankers

2015 – 14,800,402 gal, 2,277 tankers

2012 was filled with a lot of testing and limited production, though it seems strange to call a 270.5% increase limited. I think we will see a greater percentage increase for 2013, but I would rather be conservative.