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Foreign Affairs

SWBTATTReg

(26,350 posts)

1. Some math ?s here...500 million barrels of oil is somehow equating $50 Billion dollars? I thought the last price of

Reply to TexasTowelie (Original post)

Sun Apr 19, 2026, 01:29 PM

Apr 19

a barrel of oil was pushing $100 a barrel, but lets be safe, and call it safe, let's call the recent price of oil at $20 a barrel. Now at $20 times 500 million barrels of oil is only $1 billion dollars. The numbers being played around w/ are messed up, but the numbers that the conversation is chatting around, are actually true, matches the numbers. So, the numbers being chatted about are good, but the display of the numbers (the $ amounts and quantities) aren't.

Perhaps someone is playing around w/ the numbers, and making a killing on oil futures, by gaming the figures and money?

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$50 Billion Gone - Joe Blogs [View all] TexasTowelie Apr 19 OP

Some math ?s here...500 million barrels of oil is somehow equating $50 Billion dollars? I thought the last price of SWBTATTReg Apr 19 #1

and that oil is still in tankers, in tanks or in the ground. Wonder Why Apr 19 #2

Yes, you're right. I saw an recent article that they still hadn't gotten to the tankers stilling sitting offshore of SWBTATTReg Apr 20 #3