Tag Archives: oil company profit

What’s Ahead? Lower Oil Prices, Despite Higher Extraction Costs

Posted on November 15, 2013 by Gail Tverberg

Nearly everyone believes that oil prices will trend higher and higher, allowing increasing amounts of oil to be extracted. This belief is based on the observation that the cost of extraction is trending higher and higher. If we are to … Continue reading →

Posted in Financial Implications | Tagged deflation, diminishing returns, inflation, oil company profit, oil price | 428 Comments

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Tag Archives: oil company profit

What’s Ahead? Lower Oil Prices, Despite Higher Extraction Costs

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