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Originally posted by mecheng
Wheres the sense?
Originally posted by krax
Either way, why don't people use soya then as fuel, would save alot of money and might stop the war in Iraq lol
Originally posted by WestPoint23
......31 cents on every gallon is substantial......
Originally posted by dbates
We should note that there's a $15.00 monthly fee for having a water meter in this example, but I think you get the point. Do you still think this is a fair comparison?
The argument that capital expenditures would be a constraint was countered by noting that costs are, by the most liberal estimate, under two dollars a barrel and more accurately about $.50 a barrel. The Saudi’s admitted to the use of water flooding in their fields but pointed out that the water cut after four decades at Ghawar was below 40%, had been stable for five years, and was far below what Western companies often produce in their fields. The New York Times Article The article in February 24 New York Times is a fascinating and sweeping review of water are referred to as the tired Saudi oil fields.