If the Saudis shut in 2 million BOPD of their most "marginal" production, figure their direct production costs average well under $4 per barrel....
You probably would get a closer-to-reality answer if you calculate it as two successive 25% losses. 0.75 x 0.75 = 0.5625 for a ~ 44% loss....
I have long been critical of the de-industrialization of America as self destruction that reflects multiple errors in our political and economic...
Under the old rules in 2000-1, where I could roughly trade twice my account in a day, I went from an average security holding time of about 8...
Morbid curiosity. Do the frozen accounts concern more or less than $25,000 each? Is there any chance that Feds of one stripe or another are...
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