Sand Oil
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Joined: Feb 2003
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So at 400 tons a trip, and 2 tons/barrel thats 200 barrels /trip from the mine to the processing plant. at $65/barrel the truck is earning $13,000 per trip. Probably six tires on the truck. Not sure how long a round trip takes, but it's got to be several per hour. I bet the truck has no problem paying for itself.
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Joined: Mar 2005
Posts: 735
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From: SW Iowa
OOOPS! Suprise suprise! a Tax subsidy is wanted
A tax credit of $3 per barrel is being discussed in Congress for this stuff. Who said in another thread they didn't want to see tax money used in alternative energy development? I wonder how it plays here?
Lets see, they say it costs $10/bbl to extract this stuff, less $3/bbl tax credit, sell it to the open market for $60. That ought to be considered profitable.
Hurry up Ethanol and Bio diesel.
Lets see, they say it costs $10/bbl to extract this stuff, less $3/bbl tax credit, sell it to the open market for $60. That ought to be considered profitable.
Hurry up Ethanol and Bio diesel.
Postmaster
Joined: Jul 2005
Posts: 3,248
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Originally Posted by spikedog
Million ton truck? It would be the size of an oil supertanker. How about a 1,000 ton truck? That's still a big one.
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nineteensixt5f100
1961 - 1966 F-100 & Larger F-Series Trucks
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Jul 31, 2014 04:42 PM
