...especially at oil prices of S10-15/bbl. Moreover, few policy-makers in Washington seem to be paying attention to the effect that falling oil prices in...oil fired electric generation facilities (up to 1.5 mnbd) are brought back into production and high stripper wells (1 mmbd) are closed down. Given the...

...cost of $420 billion (S70,000/bbl of productive capacity). What these figures clearly tell us is toat it is becoming more expensive to find oil, the risks...rising exponentially and we are finding less of It. Given tne uncertainties of the short-term market, the following conclusions can be drawn. First, as...

...billion «70 > 000/bbl of productive capacity), what these figures clearly tell us is tnat it Is Decoding more expensive to find oil, the risks are rising exponentially and we are finding less of It. Given tne uncertainties of the short-tern market, the following conclusions can be drawn. First, as...

...especially at oil prices of $10-15/bbl. Moreover, few policy-makers in Washington seem to be paying attention to the effect that falling oil prices in...are brought back into production and high stripper walls (1 mmbd) are closed down. Given the uncertainties of the market, the following conclusions can...