Locator: 45790CANADA.
No one did the math. If the math was done, I missed it.
Back-of-the-envelope:
- $26 billion x 4% interest first year = $1 billion
- $26 billion / 30 years amortization = $900,000,00 -- let's just call it a billion.
- So, the first year: $2 billion just to pay for the pipe -- nothing about continuing operations and maintenance, GS&A
- $2 billion / 365 days = $5.5 million / day
- 300,000 bopd right now = about $17 / bbl
- plan: to 900,000 bopd in the future = about $6 / bbl
So, right now, about $17 / bbl of oil; in future, could be under $6 / bbl.
Wiki: cost to transport oil --
- rail: $10 - $15
- pipeline: $5
Disclaimer:
- I often make simple arithmetic errors;
- with this many zeroes, I often put the decimal in the wrong spot
- the calculations were based on only one or two numbers given in the story; many assumptions;
- if this is important to youu, go to the source.
- needs to be fact-checked. [Another list.]
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Halloween Candy
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