/biz/ - Business & Finance

>>18279919
>Can't even fucking google
https://en.wikipedia.org/wiki/Oil_shale_economics
>production cost of a barrel of shale oil ranges from as high as US$95 per barrel to as low US$25 per barrel, although there is no recent confirmation of the latter figure.
https://www.investopedia.com/articles/active-trading/051215/cost-shale-oil-versus-conventional-oil.asp
>Shale oil costs more than conventional oil to extract, ranging from a cost-per-barrel of production from as low as $40 to over $90 a barrel.
>The cost of conventional oil varies so much that Saudi Arabia can produce at under $10 per barrel, while worldwide costs range from $30 to $40 a barrel.
Fuck you.

>>18133901
RIP

>>17954086
>>17954095
>>17954111
>WTI Crude • 26.94
>Brent Crude • 30.91
>Mars US • 21.67
>Opec • 27.31
>Urals • 24.65
Its dead, lads.

>>17776869
>>17776894
>>17776955
>>17776977
>>17777011
Do not fucking buy GUSH retards! Its fucking collapsing for a reason! Even if oil recovers 100%, GUSH will still be worthless.

>>17636801
TMF for FED cuts
DRIP for oil war