Tuesday, August 26, 2014 6:25:46 AM
Bordynuik's claim was $10 per barrel, *ALL* costs in, and then production halved. He didn't say, well, if you don't count transport, feedstock purchase price, preprocessing costs, then it's $10 per barrel. ALL COSTS IN, and PRODUCTION HALVED.
JBI loses money on every barrel they make. That's why the machines are idled. They need more PIPE money to start them up again so they can lose more money (and line insiders pockets some more).
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