Originally Posted by
acl65pilot
It may be, but I figured if it produces 185,000 barrels a day at current jet A prices.
Lets see: Public math warning.
@ 140 a BBL * 185,000 bbl of fuel, most of it Jet A, so 25,900,000 dollars in revenue a day.
25,000,000 * 365 = 9.5 billion in revenue a year. Its about a 25% increase in our current projected revenue for fy12, which is 36 bln based on street estimates.
Projections are showing a 160-170 per bbl of jet A so that would be 31.45 million a day or 11.5 bln a year. Aprox 32% of our current revenue. Thanks for maxing me do public math and not a SWAG
Now the average markup is 7% or about 2.170 bln in profit a year from this refinery.
Does the Trainer facility make 185,000 bpd of Jet A or does it process and produce 185,000 bpd of petroleum products?
The way I read it, only 4 gal of the 42-44 gallons of oil in a barrel can be made into jet-a. Or can you make 100% of a barrel into jet a?
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The editorials and news articles are particularly nasty to this whole idea, especially Reuters. So it must be a home run. I mean how seriously should we take a news source that posts pics of our airplanes from 3 paint schemes ago?