my amateur interpretation:$90 ber barrel, oil industry is safe. Over $100 per barrel, oil barons are laughing... BUT anything UNDER $80 per barrel and the world economies (especially Russia and America) are screwed! It costs more to frack than can be paid for profit...Deep Sea Oil is costing approx $50 per barrel but hopefully Te Reinga Basin aint gonna give it up so easy and #STOPSTAOIL can go home
Posted on: Tue, 07 Oct 2014 09:03:37 +0000
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