Opinion: Who Will Be Left Standing At The End Of The Oil War?
Green Car Congress
FEBRUARY 25, 2016
Production in the UAE costs just over $12 per barrel, which is pretty much the same as in Iran, though Iranian officials say they will eventually be able to produce for as low as $1 per barrel from their central fields. But these are just the costs of lifting oil out of the ground. Article Source: [link]. Right now, they can’t.
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