Thursday, February 22, 2007 10:58:05 AM
Didn't W2 state awhile back that production costs were around
$5/barrel. So we add $4.20 a barrel that still well below cost of gasoline to produce.
Lets call it $10/barrel cost w/royality
Look at costs associated with gasoline:
54% is the price of crude;
21% is the cost of refining;
2% is the cost of transportation; 1
7% is taxes;
retailing and marketing; and profit to refiner, transporter, and retailer is 6%.
At $2.70/gal gasoline (price of gas when I got these numbers)
costs per barrel
oil $61.24
refining $23.81
With our alternate technology fuel products
I dont know how to cost the bio mass (garbage) going into the reactors, I would figure most of it is going to be the transportation/handling costs associated to bring it to the plants. But it has to much much less than $61/barrel and will probable be offset by the fertilizer byproduct that is being produced. Lets call it break even.
Figure the product will have to be blended at the refineries if it to be used in our transportation fuel system but that cost should be minimal( fraction of oil refining). If it is to be used for power generation, than it's possible just to feed it directly into the plant for an even greater cost savings.
So we when looks at costs for fuel,
we have $10/barrel (with our 0.10/g royality) vs $85/barrel conventional oil products.
I think 0.10/gal is cheap!
Recent AEPT News
- Shares Rip on Reverse Merger LOI • AllPennyStocks.com • 10/23/2023 04:23:00 PM
ZenaTech, Inc. (NASDAQ: ZENA) Launchs IQ Nano Drone for Commercial Indoor Use • HALO • Oct 10, 2024 8:09 AM
CBD Life Sciences Inc. (CBDL) Targets Alibaba as the Next Retail Giant for Wholesale Expansion of Top-Selling CBD Products • CBDL • Oct 10, 2024 8:00 AM
Foremost Lithium Announces Option Agreement with Denison on 10 Uranium Projects Spanning over 330,000 Acres in the Athabasca Basin, Saskatchewan • FAT • Oct 10, 2024 5:51 AM
Element79 Gold Corp. Reports Significant Progress in Community Relations and Development Efforts in Chachas, Peru • ELEM • Oct 9, 2024 10:30 AM
Unitronix Corp Launches Share Buyback Initiative • UTRX • Oct 9, 2024 9:10 AM
BASANITE INDUSTRIES, LLC RECEIVES U.S. PATENT FOR ITS BASAFLEX™ BASALT FIBER COMPOSITE REBAR AND METHOD OF MANUFACTURING • BASA • Oct 9, 2024 7:30 AM