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Re: PaperProphet post# 83642

Sunday, 12/19/2010 5:03:27 PM

Sunday, December 19, 2010 5:03:27 PM

Post# of 312016
Keep in mind... the $10/barrel cost is just an attention-grabber. The most expensive crude in the world comes from the Oil Sands at about $20-$30/barrel, thus JB's oil is not that cheap. There are other costs in the Supply Chain, and then there are the non-Product Related Costs (which everybody seems content to ignore.

It is common in estimating to simplify reality, thereby grossly understating the true costs.

Best of the Season from the Band...