Replies to post #1842 on Blue Dolphin Energy Company (BDCO)

[RealDutch]

Looks like $2.50/gallon could be the break-even point. (= $105/barrel)

Then, they are making (4-2.50) x 270,000 barrels x 42 gallons = $17M gross profit in Q2 on just the jet fuel.

Double it to $34M to include the diesel and naphtha.

This is why I am still comfortable with my estimate of $28M gross profit = EPS $1.62.
We can't fail.