time to buy non gulf oil shares

I was thinking this was a little interesting news piece about the current state of mind of the europe poltics when dealing with the iran/usa war mungers,the bit that says there looking for alternative supply makes me feel that far is going to be a winner in the next few months,also i noted that we have BT INVESTMENTS in to the top 20 postion in the last month since 22nd of december when the top20 was last posted,i belive we are collecting some nice little investment firms,somethink must be a foot.


FROM WEB SITE BELOW:
Oil dropped to a three-week low on Friday after two European Union officials with knowledge of talks on sanctions against Iran said an EU embargo is likely to be delayed for six months to let members find alternative oil supplies. The officials discussed the private talks on condition of anonymity.
(To read full text click below web site)
http://gulfnews.com/business/oil-gas/western-allies-pressure-iran-to-stop-threats-to-block-hormuz-1.965861



PS:Does anybody know the average cost per barrel of oil it costs to produce from a deep drill site,if anybody has any genreal guide,i think it is about $55 to $65 per barrel.
soon enough it is going to be worth tapping very deep drill propects.

cheffy747