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To: privatedrive
What is the Saudi’s break-even price for a barrel?

It's been discussed on here a lot. Depends on what you use as "cost". They can get it out of the ground for next to nothing, but they are funding all these govt social programs from the profits. If you include those costs, you see numbers of 60 and 70 USD/bbl.

36 posted on 12/17/2014 10:55:05 AM PST by nascarnation (Impeach, Convict, Deport)
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To: nascarnation

Thank you. So below $60 is not sustainable long-term for them.

Seems we have here a classic game of chicken.


38 posted on 12/17/2014 10:59:34 AM PST by privatedrive
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