its 21 million barrels buck - you're inflating by almost 20%...
Opec said (maybe they are all princes - I think they are putzes) average $177 by 2040 - I take that to mean it will mean the annual average in 2040 has risen to $177/Bbl. Are you suggesting an interpretation could be avg $45Bbl now and then for a period avg $350Bbl to give a period average of $177/Bbl. Or maybe its a volume price weighted average?
Most common would be the simply to use CAGR - we seen that all over every O&G E&P presentation.
Be great if those tankers sank in the Straits of Hormuz (no environmental issue there is?) and blocked export.
- Forums
- ASX - By Stock
- SSN
- ($100 Oil) - Gone Forever
-
- There are more pages in this discussion • 11 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add SSN (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
MTL
MANTLE MINERALS LIMITED
Nick Poll, Executive Director
Nick Poll
Executive Director
SPONSORED BY The Market Online