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7 million barrels * $30 a barrel = 210 million just to take the oil. Plus $20 a barrel when you sell it brings you to $350,000,000 in revenue on a 7 million barrel tank. What am I missing, other than not being able to build the tank fast enough?


I mean, if you have a spare $300 million lying around, that sounds like a fantastic arbitrage opportunity, and (napkin math time) if you're holding the barrels for more than 10 months, that'd be the way to do it.


You are probably right. And given that June futures went down since yesterday, and the May futures went up, someone is probably doing that right now.




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