[hchutch]

Does that $15-per-barrel figure come before or AFTER the EPA/OSHA/Clean Water Act/EEOC regulatory costs are factoed in. Don't forget to tack on all the folks you have to hire so that they can make sure you are in compliance AND to fill out all the paperwork.

[Poohbah]

Does that $15-per-barrel figure come before or AFTER the EPA/OSHA/Clean Water Act/EEOC regulatory costs are factoed in.

Before. Most private enterprises use a 2.5-3.5 multiplier to account for indirect costs--i.e., if your industrial process costs $1,000, your final cost will be $2,500 to $3,500.

So, oil at $15 a barrel from this process will cost $37.50 to $52.50 a barrel.

After that, the producer has to make a profit--which means another $3.75 to $5.25 a barrel (assuming 10% markup to cover the cost of capital and have some profit--that evil word--left over).

Total cost: $41.25-$57.75 a barrel.

[ckilmer]

I wish you guys would take a moment to read the article from discover magazine that I posted.

the company is funded by the epa and the doe and it has sec clearance. It has one working plant in philadelphia that processes sewage that's been open for two years. another plant in missouri w/$20 million funding from Conagra changes turkey entrails to oil. Both plants do the job for $15@barrel. That is the cost to them of the process of converting carbon based sewage & waste is $15@barrel. The epa loves this stuff.

There are a number of former republican officials who also endorse this technology. it is the real deal.