[az_gila]

Precisely what I was thinking.
Each barrel contains about 55 gallons.
500 x 55 = 27,500 gallons produced daily.
$2,000,000 / 27,500 gallons = $72.72 per gallon.

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Yes it does add up if the money quoted is a total of that made by all of the 12+ mobile refineries, which is what the article implies.

[thackney]

Yes it does add up if the money quoted is a total of that made by all of the 12+ mobile refineries, which is what the article implies.

No. 12 refineries each making 400 barrels a day produces 4800 barrels a day. $2 million divided by 4800 barrels is $417 a barrel. Black market products sell at cut rates, 4 times greater. Reports have put the price between $25~60 a barrel. Nobody pays 4~5 times the price for a back alley TV over Wal-Mart's price.