cost per barrel, page-11

INSIGHT SBS... Caltex support $3.34 per litre next decade. Dont know how that precise figure arrived but would not doubt it being on lower end of scale. Allowing for carbon trading, peak oil, piracy on the high seas and petrol bowser. As AFU pointed out the Large players in most industries are being advantaged by the market meltdown. Any junior who does not have finance gauranteed is shaken out of the tree. The oil giants will be watching the Lincs and waiting to pounce when time is right. As the caltex rep said they will be a supplier of what ever the product is at the time OIL LNG Hydrogen or anything else.