![](http://investorshub.advfn.com/images/default_ih_profile2_4848.jpg?cb=0)
Thursday, December 31, 2009 1:50:18 PM
In reply to: None Post # of 18077
Part of peoples confusion about how much the P2O end product should sell for are thinking gas is worth 3.85 a gallon or whatever its at now. Don't forget a crapload of that is taxes.
That was me suggesting that.
42 U.S. gallons in a barrel x $3.85 per gallon retail price = $136.50. Even if we doubled the price to $20.00 a barrel to refine P2O to gasoline quality at the P2O sites and we accounted for $11.34 dollars (state tax per barrel) and $7.56 (federal tax per barrel)that would still be only be $38.90 total cost per barrel of gasoline. JBII could realize about $100.00 more per barrel should he be able to refine P2O to gasoline quality and sell direct to the public from the various P2O sites + pak-it products as well. I know there would be other initial costs and licencing but worth a look in my opinion.
ECGI Holdings Announces LOI to Acquire Pacific Saddlery to Capitalize on $12.72 Billion Market Potential • ECGI • Jun 13, 2024 9:50 AM
Fifty 1 Labs, Inc. Announces Major Strategic Advancements and Shareholder Updates • CAFI • Jun 13, 2024 8:45 AM
Snakes & Lattes Opens Pop-Up Location at The Wellington Market in Toronto: A New Destination for Fun and Games - Thanks 'The Well', PepsiCo, Indie Pale House & All Sponsors & Partners for Their Commitment & Assistance Throughout The Process • FUNN • Jun 13, 2024 8:18 AM
HealthLynked Introduces Innovative Online Medical Record Request Form Using DocuSign • HLYK • Jun 12, 2024 8:00 AM
Ubiquitech Software Corp (OTC:UBQU) Posts $624,585 Quarterly Revenue - Largest Quarter Since 2018 • UBQU • Jun 11, 2024 10:13 AM
Element79 Gold Corp Files for OTCQB Uplisting, Provides Financial Update • ELEM • Jun 11, 2024 9:25 AM