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Wednesday, August 21, 2019

Assumptions -- August 21, 2019

Let's assume full years.

2015 - 2019, inclusive: five years.

Let's assume 1.1 million bopd produced in the state during those five years.

1.1 million x 365 days x five years = 2,000 million bbls of crude oil produced in those five years.

Let's assume there was a spill of 11 million gallons or 300,000 barrels.

Let's assume my calculator doesn't make mistakes.

300,000 / 2,000,000,000 = 0.00015 or 0.015%.

For the archives.

Let's assume no arithmetic errors which is a huge assumption.

Let's assume it was a really, really slow news day in Grand Forks yesterday.

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