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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: dvdw© who wrote (92295)	7/7/2012 5:19:20 PM
From: yoremopnhoj	3 Recommendations Read Replies (4) \| Respond to of 218170

I fail to see how this is Complete Nonsense, but since you chose not to back up your boorish statement with facts that is easy to understand. here is one of many articles that has addressed this cost issue in recent years. smartplanet.com We also know that the shift to unconventional oil has moved up the floor of oil prices to around $85 a barrel, which I estimated to be the marginal average cost of profitable production worldwide. A report from Bernstein Research, covered in May by the ever-capable Kate Mackenzie for the Financial Times, suggested that the real floor was even higher at around $92 a barrel in 2011, on its way to $100 a barrel this year. This fits with the stated objective of OPEC members to defend a $100 price target.