Originally Posted by
forgot to bid
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?
Correct. Each has a different boiling point and therefore boils off at a different temperature. Each bbl of crude produces all different types of petrolium products. I used the 140 for Jet A since it will be what we are looking at. I do not know what the aggregate cost per bbl is of all of the different products it produces.
Like I said, public math, and math made easy. It effectively will add 7-12 bln to the revenue, or as George puts it, reduce our Jet A viability by about 2 bln dollars a year. That is about a 10 fold increase in savings based off of what they have touted in investor calls.