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To: thackney
830,000 bpd x $80/bbl x 365d/yr x 30 yrs = $727 billion

Interesting numbers...does this equation assume the price of oil stays constant over thirty years?

15 posted on 05/21/2014 11:59:39 AM PDT by mac_truck ( Aide toi et dieu t aidera)
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To: mac_truck

does this equation assume the price of oil stays constant over thirty years?

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Which was the same assumption used for the basis of the natural gas price.

For comparison between the two, that is about as good as it gets.


16 posted on 05/21/2014 1:18:59 PM PDT by thackney (life is fragile, handle with prayer)
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