Barrel Breakdown… WSJ – Commodity Research Group

April 18, 2016 by Jim Colburn Leave a Comment

The Wall Street Journal has a nice piece on the “cost of production” for selected countries… As we learned over the past year and a half, “cost of production” is a moving target… Should Saudi Arabia ever follow Econ 101 theory that a producer should produce until marginal cost equals marginal revenue, watch out below… Here is the chart:

There is more here: http://graphics.wsj.com/oil-barrel-breakdown/

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