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Real time crude oil price

Real time crude oil price

RE: Real time crude oil price

There goes shale oil extraction again....

JMW
www.ViscoAnalyser.com
 

RE: Real time crude oil price

And by the way, the point on the cost curve where shale oil becomes cost effective is somewhere around $35-40 a barrel. Yeah, we nearly had it for a while but look where we are again.

Is that just coincidence? or is US energy self-sufficiency (or as near as you can get) worrying some people?

It ain't oil reserves that pushes prices up and down but oil production.

How much oil do we have?
http://www.theregister.co.uk/2008/09/17/richard_pike_rcs_interview/

JMW
www.ViscoAnalyser.com
 

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