Author Topic: marginal cost of production for shale oil?  (Read 1001 times)

goodrookie

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marginal cost of production for shale oil?
« on: December 23, 2014, 04:05:58 PM »
ignoring the sunk cost, at what price US shales are profitable? i.e. profit > cost of production for each "additional" barrel of oil
I have googled it and found the range from $30 to$90 i.e. useless information.
Any idea? Also, how about breakeven price point of non-Saudi OPEC/such as Venezuela and Russia?