At current prices 10,000 barrels per day is $273 million per year in revenue. A price of $1 billion seems cheap for these assets.
its going to one of the globalist billionaires who will place it off limits and cut off access to oil for normal people
gas will rise quite a bit
poverty will increase
peoples ability to travel will become much more expensive as well as shipping packages
“At current prices 10,000 barrels per day.”
If that vast amount of land only produced 10,000 barrels per day it is worthless. It is not worthless. Reuters normally just lies but this time they just have their head up their ignorant asses. When I worked the TOR platform in the North Sea we produced 30,000 barrels of oil a day from that one multi well platform.
Reuters is stupid.