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$20 - $30 price per barrel of oil... Take your guess at Bottom
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[QUOTE]Originally posted by glassman: [QB] i think we could go to 36.... Canada sells alot of tar-sand oil (50% of it's production) and it would have to shut down production on this at 35-40$ cutting Canadian imports from 20% to 10% of our total imports... cost of production is just under 30$/barrel... middle-eastern oil is still profitable at 20$... if we continue to use less? it could go lower than 36, but people just don't do that... [/QB][/QUOTE]
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