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To: Paul Angell who wrote (30303)10/3/1998 5:43:00 PM
From: Snowshoe  Respond to of 95453
 
Paul or anyone, are you familiar with royalty trusts? BPT has the rights to a certain percentage of BP's North Slope royalties. I'm trying to figure out why it was crushed so bad compared to other trusts in the lower 48 states. Perhaps because the extra cost of transporting oil from Alaska reduced the profitability at a greater rate? If so, should we expect a greater rebound if oil has a sustained rise in price?

Here's a comparison chart...
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