water weighs 8 lbs per gallon.
oils weigh differently, but lets assume 6 lbs per gallon for any specific type of oil.
metric ton = 2204.6 lbs.
2205 (rounded) divided by 6 lbs = 367.50 gallons.
if the oil is 275 per metric ton
$275 / 367.5 = 75 cents per gallon. (shipping not included). remember its coming from nigeria. so how much to ship a metric ton from nigeria to 101 main st. where ever, USA?
$4500? $5000?
lets just say $3000 and be fairly generous i guess
$3000 (shipping) + $275 (oil) / 367.5 = $8.91 per gallon.
unless my math or shipping estimates are all wrong.
South Texas Jatropha Farms. http://biodiesel.blogdrive.com/