Replies

To: MAexile

Profitable could mean the cost per barrel is $32 to $33. I think the Saudis would like to make a little bit more than $2-3/barrel.

Saudi costs average about $3.

7 posted on 02/12/2016 1:00:54 PM PST by Zhang Fei (Let us pray that peace be now restored to the world and that God will preserve it always.)

To: Zhang Fei

I would guess that ocean freight from the Persian Gulf to the civilized world would exceed $3 per barrel.

9 posted on 02/12/2016 1:33:54 PM PST by Mr. Lucky

To: Zhang Fei

Saudi costs average about $3.

Wow, really? Wow.

$0.25/gal gas, here we come!

13 posted on 02/12/2016 5:28:22 PM PST by MAexile (Bats left, votes rights)

To: Zhang Fei; thackney

Saudi costs average about $3.

The estimated production costs from other countries:

16 posted on 02/13/2016 2:47:14 AM PST by AdmSmith (GCTGATATGTCTATGATTACTCAT)

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794