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Re: MONEYMADE post# 1213

Thursday, 06/10/2010 2:59:59 AM

Thursday, June 10, 2010 2:59:59 AM

Post# of 5205
Yeah it's all dependent on how much oil comes out many are saying it should be about 800,000 barrels which would cost around 36-40 billion. If it costs them 40 billion I say they should be fine...

The thing is I have a fear that there is going to be more oil spilled than thought...

There is an erie similarity to the 1979 oil spill... if the amount of oil is the same, we are looking at more like 3.3 million barrels of oil spilled... If that's the case, then you get my number of 133 billion as a cost.... Note that's using 40k a barrel cost vs the 45k most estimates use to get the 36 billion number..


Everything I say is in my own opinion do not buy sell or hold based off what I have to say.

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