Strictly: Drilling and oil-field services Message Board

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Gold/Mining/Energy : Strictly: Drilling and oil-field services

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To: ItsAllCyclical who wrote (74634)	9/26/2000 11:26:47 AM
From: William JH	Read Replies (1) of 95453

2(A) Since it only costs around $1.50 to produce a barrel of oil in Saudi Arabia, that is the correct price for their production. 21. There is a giant "tap" somewhere that is turned up and down on a daily basis to regulate the flow of oil.

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