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Friday, May 28, 2010 10:40:59 PM
Based on a tanker holding 9000 gallons and WTI is at roughly $74. There are 42 gallons in a barrel of oil.
That leaves us with the assumption that 1 Tanker contains 214 barrels or $15,000. Minus the cost...roughly, refer back to the guestimate disclaimer, $13,000 per tanker.
Disclaimer again...this is an extremely rough guestimate with an unsual amount of rounding. This is, by no means, an acurate depiction of the nominal value of 1 Tanker...but is merely an ASSUMPTION.
Can I add another disclaimer?
D3
Oh and by the way...TheFez...You got drunk the other night?? Sorry I missed that lol!
I hope this works!
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