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To: Maurice Winn who wrote (38408)4/24/2011 12:13:24 PM
From: elmatador  Respond to of 46821
 
Places which were not economic at $40 a barrel are highly profitable at $110 per barrel.

If enviro-weirdoes let the drilling go ahead.

Ot peak of cheap oil. Now costlier oil turns started.



To: Maurice Winn who wrote (38408)4/24/2011 4:34:37 PM
From: Win-Lose-Draw  Read Replies (2) | Respond to of 46821
 
Places which were not economic at $40 a barrel are highly profitable at $110 per barrel.

That is Peak Oil. There is a Hubbert curve for every price point, creating a surface, not one curve for all price points.


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