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To: MeanWestTexan

Yes, I’ve seen graphics showing costs new and “operating” for various areas / regions.

I suppose we’d better concentrate on and open up more of the lower cost areas (offshore for some?). If the economy was roaring, and the US not going so heavily into debt, $90 oil might be sustainable. As it is, it’s gonna clonk this economy.


26 posted on 09/21/2023 6:46:04 AM PDT by Paul R. (Bin Laden wanted Obama killed so the incompetent VP, Biden, would become President!)
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To: Paul R.

The lowest, by far, is the Permian Basin/Delaware Basin (so Midland and the 10 or so counties around it and the easternmost 3-4 counties in NM).

The only part that could be “opened” is NM, which is effectively shut down by Biden. TX has essentially no federal lands (due to being its own country). NM is largely federal.

On top of that, the NM state government is very hostile to employers, such that the cost of business is excessive.

It’s the same geology, but you hit the NM state line and almost everything abruptly stops and everyone becomes poor.


27 posted on 09/28/2023 8:58:41 AM PDT by MeanWestTexan (Sometimes There Is No Lesser Of Two Evils)
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