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> over 11 million gallons of condensate that leaked through a crack in a pipeline for over 3 years These companies are making way too much money if they can su
by ta1234567890 7y ago
> over 11 million gallons of condensate that leaked through a crack in a pipeline for over 3 years
These companies are making way too much money if they can survive for 3 years leaking that much oil.
- ApolloFortyNine 7y agoAt the current price of oil, a gallon of oil comes out to $1.34. That's about $15 million, which though not 0, is not going to have an effect on the vast majority of oil companies.
- spectrum1234 7y agoIt would be nice if this price for accounting, not just for consumption, always included the negative externalities. At least this number would then be 2-5x+ as high.
- hombre_fatal 7y agoThat figure means nothing without knowing the quantity of oil that doesn't leak.
- soperj 7y agocondensate isn't oil. It's what's used to thin out bitumen so that it'll flow through a pipe.
- cr0sh 7y agoI'm not sure that condensate is the same thing as "oil" - if I am thinking correctly, it's probably closer in appearance to lighter fluid than anything else. Still nasty in large quantities, but not a great loss of monetary value.