Land of Black Gold
Speculations on oil, peak oil theory, energy in general, and the investment implications.
Thursday, June 09, 2005
I see obvious stuff.
Stop the presses!
BP Chief Executive sees oil price above $40 a barrel
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Quote:
The report said Browne is the first senior executive of a major oil company to say the price will be above $40. BP uses $20 a barrel as its price to approve projects.
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