GREY:ROAOF - Post by User
Post by
waterboy100on Dec 31, 2008 4:42pm
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Post# 15675524
50.00 a barrell
50.00 a barrellWhat would profit be......I would assume at lease 15 dollars X 40,000 = 600, 000 x 365= just under 220 million a year. Take 70 million a year for financing debt payments and we have 150 million a year net. Slam that down on the debt and we are debt free after 5 years. And that is with only 50 dollar oil.....will be higher than that in a while.