SI
SI
discoversearch

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.
Politics : Politics of Energy -- Ignore unavailable to you. Want to Upgrade?

To: Eric who wrote (71044)7/22/2016 3:31:28 PM
From: Thomas A Watson  Respond to of 86355
 
Dear anonymous fountain of bovine excrement eRICO, The inflation rate from 1955 to 2016 is factor of 8.99. usinflationcalculator.com

Cost of oil production in the US today is

US Shale 23.95 2.66 in 1955
US Non Shale 20.99 2.33 in 1955

Cost is increasing. OK the BE Geyser has spoken.. Or is it really speaking




To: Eric who wrote (71044)7/22/2016 4:08:15 PM
From: Brumar89  Read Replies (2) | Respond to of 86355
 
I don't know, I do know it's cheaper this year than last, and last year was cheaper than the year before, going back years now. Costs go up and down, but technology and other advancements are pushing costs down now.


HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News