The Curious Investor

Grease Up Your Portfolio with Oil Stocks

Thanks for your comment, SeekingTruth. While the numbers on production seem shockingly low, I have a feeling they are possibly true. The higher numbers we see, for example $50/barrel for oil sands production, are typically cost of MARGINAL production numbers. However, for areas that are developed and the investment cost sunk, it's not unreasonable to believe the cost to maintain production levels is actually quite low.

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