Dankdude
Well-Known Member
Exploration cost isn't as much as you may think Vi, On average it takes about $2,000,000 to drill a exploratory well. It only takes 3 - 4 wells to be drilled in any area to find what is there, the rest of the drilling (so called exploratory) is nothing but a tax write-off for the corporation.
On average oil only cost $3.00 a barrel to produce (the rest is politics), Gasoline is only waste by product of the refining process.
Vi, you know nothing about the oil industry, you spew what you hear from idiots like Rush Limbaugh (whom I will remind you knows absolutely nothing about the oil industry himself)(Hell I even doubt he pumps his own gas)
On average oil only cost $3.00 a barrel to produce (the rest is politics), Gasoline is only waste by product of the refining process.
Vi, you know nothing about the oil industry, you spew what you hear from idiots like Rush Limbaugh (whom I will remind you knows absolutely nothing about the oil industry himself)(Hell I even doubt he pumps his own gas)