Replies to post #45316 on Plug Power Inc (PLUG)

[Good Timer]

JB- Good point. Everything is more expensive in California. The CA price of diesel gasoline is $4.31 a gallon as compared to the $3.37 national average.
https://www.eia.gov/dnav/pet/pet_pri_gnd_dcus_sca_w.htm

30 metric tons a day x 365 = 10,950 metric tons a year.
10,950 metric tons X 2200 lbs = 24.09 million lbs liquid hydrogen per year.
24.09 million lbs X .4 = 9.636 million gallons of diesel per year
9.636 million gals of diesel gasoline a year X $4.31 a gal = $41.53 million per year.

Maybe PLUG should plan more plants in CA. Lol!