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To: Owen

but if they do that they halve their income.

Can they afford to operate with only half the usual nut?


7 posted on 11/23/2011 9:01:46 AM PST by RitchieAprile (Precious little in your life is yours by right and won without a fight..)
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To: RitchieAprile
...but if they do that they halve their income.

Not really, half the output at double the price leaves them in the cat bird seat.

Regards,
GtG

12 posted on 11/23/2011 11:08:53 AM PST by Gandalf_The_Gray (I live in my own little world, I like it 'cuz they know me here.)
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To: RitchieAprile

If they cut their oil extraction flow rate in half, the global price will double.

They lose not a penny.


17 posted on 11/24/2011 6:50:21 PM PST by Owen
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