JBII - The Secret Catalyst Turns Plastics into Oil Message Board

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Gold/Mining/Energy : JBII - The Secret Catalyst Turns Plastics into Oil

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From: Rawnoc	12/13/2012 4:49:09 AM
	2 Recommendations of 704

TRY UNDER $1.00 PER BARREL: (1) Standard rule of thumb is $1/mile in total shipping costs, everything included: http://tinyurl.com/ay5rjyu (2) 185 miles a trip: http://tinyurl.com/azt7hcx (3) A truck can hold as much as 40 tons: http://en.wikipedia.org/wiki/Semi-trailer_truck (4) 5.71 barrels per ton: http://www.plastic2oil.com/site/news-releases-master/2012/05/15/jbi-inc-announces-10-million-financing-successful-independent-engineering-review-of-p2o-technology-by-saic-and-management-and-governance-changes Do the math: 185 miles X $1.00 per mile = $185 $185 divided by 40 tons = $4.625/ton $4.625/ton divided by 5.71 barrels = $0.81/barrel Not that this should come as a surprise -- bottled water is shipped much greater distances yet sells for much less than $1.00 per gallon by the supplier, and the supplier still makes great profits. If a supplier is able to ship and sell water for say maybe 30 cents per gallon and still make a big profit on it, it should come as a no surprise that shipping cost of feedstock is immaterial with diesel prices near $4 per gallon. If you want to torture the data maybe you could get it up to $4/barrel.

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