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Rocket Cost Cheaper Than Shipping Oil to China
9 Oct
Summary
- Shipping oil from the US to China now costs more than a space rocket launch.
- A standard SpaceX Falcon 9 rocket launch costs $74 million.
- Tanker hire for the US to China journey is approximately $80 million.
The cost of shipping oil has reached unprecedented levels, making it more expensive than launching a rocket into space. Specifically, hiring a tanker for the route from the United States to China now costs approximately $80 million.
This figure surpasses the $74 million price tag for a typical SpaceX Falcon 9 rocket launch. These elevated shipping expenses underscore a dramatic increase in the cost of maritime transport for crude oil.
Disclaimer: This story has been auto-aggregated and auto-summarised by a computer program. This story has not been edited or created by the Feedzop team.
