Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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.

Strategies & Market Trends : ahhaha's ahs -- Ignore unavailable to you. Want to Upgrade?

To: ahhaha who wrote (5635)	11/23/2002 3:13:44 PM
From: The Barracuda™	Read Replies (1) \| Respond to of 24758

The metal copper, has at times, been sold at under the cost of production. Do you think oil will (not can) be the same? When Iraq is liberated, it will be a buyers market. But how much of one? My guess is that the cost to produce and transport AG oil fob in the GOM is about $5/bbl

To: ahhaha who wrote (5635)	11/24/2002 8:44:06 PM
From: kormac	Read Replies (1) \| Respond to of 24758

STRATFOR: Russian oil production is already at maximum levels, meaning that domestic energy companies would not be able to boost production significantly enough to take advantage of higher prices. AHAHAHA .... False. Marginal output was maximum at a given lifting cost about six months ago. Russia has shut in vast fields just like Saudi Arabia. In Russia's shut-in fields the lifting cost isn't economic at current world demand at less than $35. ---------------- What shut in production? Are you referring to these vast fields? ... Samotlor, Romashkino, Mamontov, Fedorov, Lyantor, Arlan, Krasnolenin, Vatyegan, Sutormin .... At what daily rate will they deliver when $35 price is exceeded?