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pockyclips 2020's
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I don't know where you got your data from. IEA's report from last week shows
Jan 14 08:52 am
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All Comments by pockyclips 2020 »Crude Reality: How Long Can Oil Stay Down? [View article]
US domestic production down in 2008. 25% fewer rigs are operating in US/Canada since last July. You can probably get oil for less than $40/barrel from an established field, but costs exceed $60 for offshore or non traditional sources, like oil sands.