SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : Welcome to Slider's Dugout
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: jim_p who wrote (9166)4/12/2008 11:01:16 AM
From: Brumar89   of 50758
 
The higher the price, the more reserves you get to book at year end because you are not allowed to count reserves if the cost of production exceeds the current price of oil or NG.

I'm gonna point something out in very general terms. That there is a factor involving price that works in the opposite direction. PSA's. As price goes up, the oil a company is going to get under these agreements goes down big time.

Have no idea which factor is more important for the big oil company's.

Okay, just wanted to point that out.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News