Plastics to Oil - Pyrolysis and Secret Catalysts and Alterna Message Board

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Pastimes : Plastics to Oil - Pyrolysis and Secret Catalysts and Alterna

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To: Steady_on who wrote (26801)	7/26/2012 12:10:52 PM
From: the_big_guy	Read Replies (1) of 53574

Steady: We have all missed something here. The "uplift cost" for a barrel of oil from a conventional oil well is $5. That is the cost to get it out of the ground, the Direct Cost. That number can be found on the internet. The reason why oil is at $80/barrel is the exploration and development of the infrastructure, which is getting more expensive all the time. On that basis, I can say that JBI oil is twice as expensive to produce as conventional oil. Can you challenge that statement? The point is, any analysis that does not take into account sunk cost to-date is useless, fruitless. Do you disagree? What do you project as the return on all of that money invested in the company?

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