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Re: azs post# 114428

Friday, 06/17/2011 2:57:25 PM

Friday, June 17, 2011 2:57:25 PM

Post# of 312025
It costs the Saudis, the lowest cost traditional producer, something like $28 to get crude out of the ground.

"The world's cheapest oil to extract comes from Saudi Arabia and costs $2 a barrel."

http://money.cnn.com/2007/11/05/news/companies/exxon_oil/index.htm


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