This article is a joke. You made up numbers anytime it suited you. Just 2 examples: Chavez has oil budgeted at $95...False...$80 was the figure from many differrent sources for months now. Oilsands need $80 for breakeven...False...Un... the huge run up in prices that caused a shortage of labor and equipment oilsands breakeven was %$40-50 a barrel.
Much like most things on SeekingAlppha you artice is written to serve your already decided conclusion, not an independant analysis. Between that and the perma bear this site loves to publish it is a wonder you guys haven't all committed mass suicide yet.
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This article is a joke.
Dec 02 20:15 pm
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All Comments by R0B50 »Oil: A Slippery Slope Ahead? [View article]
You made up numbers anytime it suited you.
Just 2 examples:
Chavez has oil budgeted at $95...False...$80 was the figure from many differrent sources for months now.
Oilsands need $80 for breakeven...False...Un... the huge run up in prices that caused a shortage of labor and equipment oilsands breakeven was %$40-50 a barrel.
Much like most things on SeekingAlppha you artice is written to serve your already decided conclusion, not an independant analysis.
Between that and the perma bear this site loves to publish it is a wonder you guys haven't all committed mass suicide yet.