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Politics : View from the Center and Left

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To: Cogito who wrote (72272)6/14/2008 7:48:00 PM
From: quehubo  Read Replies (1) of 542085
 
Unfortunately you dont understand the business well. Billion dollar investments dont get made on today's prices. When they are made they are followed by years of expenses before any revenues. Basically, Once the project is developed the project will not stop production until management thinks marginal revenue is less than marginal expenses.

I was responding to your assertion that oil companies are doing nothing but sitting around getting rich and not motivated to produce more.
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