Hi folks.... I hope you are all well....
I have an idea here to run by you folks. I have been studying the energy market very closely (in fact I have read almost all the new articles on Motley Fool and Investopedia from this past week...). I’ve learned (as some of you May or maybe not know) Barrels of oil are only $15. But after some research I found that an actual empty barrel (wood or steel) is actually very expensive (perhaps more than $100 per barrel). Now anyone with “half a brain” knows where I’m going with this...
So here is my idea folks. We buy oil at $15 a barrel then we dispose of the oil (perhaps sell it for $10 to petroleum stations? This is where we have to “lose money to make money”) and then we sell the barrels for $100. Do folks not realize that the barrels that oil is in are actually more valuable than the oil itself?
let’s here all of your thoughts on this.... I’ve been trying to poke holes in this idea but let me know what you folks thinks.... thanks, Krent
I have an idea here to run by you folks. I have been studying the energy market very closely (in fact I have read almost all the new articles on Motley Fool and Investopedia from this past week...). I’ve learned (as some of you May or maybe not know) Barrels of oil are only $15. But after some research I found that an actual empty barrel (wood or steel) is actually very expensive (perhaps more than $100 per barrel). Now anyone with “half a brain” knows where I’m going with this...
So here is my idea folks. We buy oil at $15 a barrel then we dispose of the oil (perhaps sell it for $10 to petroleum stations? This is where we have to “lose money to make money”) and then we sell the barrels for $100. Do folks not realize that the barrels that oil is in are actually more valuable than the oil itself?
let’s here all of your thoughts on this.... I’ve been trying to poke holes in this idea but let me know what you folks thinks.... thanks, Krent
