Wednesday, September 02, 2009

Oil & Milk

We will stick with oil as long as oil is cheaper than milk. Oil $74.16 a barrel, milk $168 a barrel.

From OzoneSky and based on this Bloomberg article.

1 comment:

cowboyfitz said...

Math here is suspect.

8.6#/gal -> ~$0.96/gal

42 gal/bbl -> ~$40/bbl