Word: recoverableã
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...facts that make the case for drilling very persuasive. The article says that the USGS predicts that there are only “3.2 billion barrels of economically recoverable crude oil” in the reserve; however, that misrepresents the total amount available. The phrase “economically recoverable?? only means the amount of oil “for which the costs of discovery, development, and production, including a return to capital, can be recovered at a given well-head price.” The figures The Crimson use rely on the assumption of the 1998 price...
| 1 |