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Politics : Politics of Energy
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To: Brumar89 who wrote (71048)7/25/2016 9:46:33 AM
From: Eric  Read Replies (1) of 86355
 
It was well below a dollar in the late 1940's to the late 1950's for many locations around the world.

Yes, with all of those rigs that were laid down the last few years and with thousands of workers laid off I guess you could drill cheaper today for awhile.

Still not good enough to survive in the long run.

Depletion
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