Mike and Jesse’s plan is this: they will split the 1,000 gallons of methylamine into thirds. Mike and Jesse will sell their thirds to an old contact of Mike’s for about $5 mil apiece. Mike will use his share to pay the rest of the hush money to his associates, so Walt will be free of that.
Walt is flabbergasted. The methylamine, if converted into meth, would fetch them about $300 million. (Side note: holy fuck). Mike and Jesse would be giving it away for pennies on the dollar. On top of that, remember, methylamine is responsible for the signature blue tint to Walt’s meth. If Mike and Jesse sell their methylamine, they’d basically be giving it away to one of Walt’s competitors.
Chapter 7: The Dish on the Competish
Walt wants to know each guy’s reasons for their treachery. Mike tells Walt it’s because of the heat from the DEA. It’s too risky to continue the business under so much scrutiny. (I’d guess this isn’t Mike’s real reason for getting out, but this is what he tells Walt at least). Jesse doesn’t really have an explanation, but you can bet it’s at least partly influenced by the dead kid.
Jesse then goes Walt one further, by pointing out what we’ve come to recognize as one of Walt’s biggest flaws…for Walt, it’s not about making meth any more, it’s about making money. What Jesse means is, Walt originally got into meth to provide for his family. He’s gone way beyond that by now.
Walt doesn’t have an answer, but we got two more acts to go. Hang tight.
So now Mike and Jesse are meeting with the methylamine buyer. Jesse is nervous but Mike is as cool as ever.
A car pulls up, and out comes a man named Declan. Declan is a meth distributor. Mike and Jesse have a one gallon jug of the methylamine on the hood of their car as a bona fide…they want to sell Declan the rest of their share at $15,000 per gallon. Like we heard earlier, that works out to about $10 million total. If Declan can put together that kind of cash, you know he’s not fucking around. He’s the real big-time, probably big enough to rival Gus.
But Declan isn’t quite satisfied. He doesn’t really want to buy methylamine to start making his own blue meth, he wants to buy it so Heisenberg can’t cook any more. And since Mike and Jesse are offering him 666 gallons, he assumes they have a third partner who’s got the remaining third. That means Heisenberg’s blue meth would still be on the market.
What Declan is driving at is this: he wants Heisenberg out of the picture. One way to achieve that is by purchasing all 1,000 gallons. Another way would be to…well…kill Heisenberg.
WALT AND SKYLER’S HOUSE
Walt is in bed staring at his Heisenberg hat. His phone rings and he picks up. It’s Jesse. Walt invites him over.