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  • Don't Believe This Rally in Oil [View article]
    At what price liquid transportation fuel (oil, jet A, diesel, gasoline) is the fuel cost the predominant cost for transportation? For my needs, that is somewhere around $90/bbl, given the current dollar value. Below that, depreciation, maintenance, and insurance of cars and planes makes the fuel cost a less significant item. Market wise, I imagine that would be the current target.
    Jun 16 11:56 am |Rating: 0 0 |Link to Comment
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