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Re: bayfisherii post# 116490

Friday, 01/25/2008 3:48:39 PM

Friday, January 25, 2008 3:48:39 PM

Post# of 361654
Bayfisherii, 200 tcf is way more than a nuisance, however, since it's all been flaired up to now, it has been treated as a nuisance.

The old Udi's Rule of Thumb says that 1 tcf is equal to $ 1 billion USD, but that was back when crude was 30 dollars a barrel. I wonder if the price of gas has similarly increased, since that time.

Red