Graph of the Day: The Cost of Production Of Oil

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Estimates of the cost of production for oil production form various locations Image Credit: Oil Drum Whenever we speak of Peak Oil, the optimists point out that the technology for finding replacements will turn up as the prices rise; look at what has happened with the oil sands and with shale gas. But as this graph shows, each alternative just gets more expensive. … Read the full story on TreeHugger

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Graph of the Day: The Cost of Production Of Oil

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Posted by on December 17, 2010. Filed under Lifestyle, Politics. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry

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