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Re: stervc post# 10702

Sunday, 05/07/2017 11:00:36 AM

Sunday, May 07, 2017 11:00:36 AM

Post# of 122536
50,000 Barrels Per Day x 365 Days Per Year = 18,250,000 Barrels Per Year

The link below confirms that the current retail price for a barrel of oil is $48.00+ per barrel.


Only problem I see is you seem to being assuming that MMEX owns that oil or produced out of the ground the 50,000 bl's..........

The real QUESTION is how much does a refinery make REFINING 50,000 Bls a day............since unless the 50,000 bl's came out of the ground VIA production by MMEX and is owned BY MMEX, all they get is the refining cost.......
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