New oil from old wells may cost that little to extract, but new exploration requires oil in the $85-100 per barrel range.
Same problem with US oil.
There's is a limit to how low you can go before you disincentivize exploration for new oil. We're somewhere around that point right now.
Quote:
Originally Posted by H-Man
The point of testing mods while gas is cheap is that it allows you to invest a gallon of gasoline and (for me) a 10% FE gain would translate into about a 20-25 gallon a year return on investment.
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Oh, no... go ahead and test. Testing is worth it, especially if the results are shared! I was merely stating that I don't see the point in wasting fuel on your daily grind unnecessarily.