Quote:
Originally Posted by Shaun @ Tru6
4. The Saudis can pump and ship oil to the U.S. cheaper than we can pump it (S or L can provide details)
|
Just a factoid.......Prudhoe Bay crude had lifting cost of $1 per barrel on 1.5 million barrels per day back in it's heyday and there was no pumping. Mind you, there were transportation costs to the west coast but the volume was insane.
What did Captain Hazelwood say to the first mate after the Exxon Valdez bottomed out? "I said Tanqueray on the rocks".