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Re: rheddle post# 871

Sunday, 05/14/2006 12:08:17 PM

Sunday, May 14, 2006 12:08:17 PM

Post# of 64475
What I fine interesting is that oil futures for the worst demand month of the year (October) are trading at $76.

Keep in mind that the US is swimming in stocks of crude & NatGas. Political situations will determine what happends to this market.

Does anyone know what their cost per BBL of production averages???

Knowing this would go along way and I could ask a few trader friends of mine if the model is sound at that price... And if sound, then for how long...

I will share findings if anyone can answer the BBL cost question.


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