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Old 05-06-2016, 02:10 PM   #15 (permalink)
MetroMPG
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Join Date: Nov 2007
Location: 1000 Islands, Ontario, Canada
Posts: 21,464

Blackfly - '98 Geo Metro
Team Metro
Last 3: 70.09 mpg (US)

MPGiata - '90 Mazda Miata
90 day: 52.8 mpg (US)

Winter beater Metro - '00 Chevrolet Metro
90 day: 73.57 mpg (US)

Fancy Metro - '14 Mitsubishi Mirage top spec
90 day: 58.72 mpg (US)
Thanks: 3,234
Thanked 6,085 Times in 3,153 Posts
Quote:
Originally Posted by jamesqf View Post
So how's this a problem? Just leave the oil in the ground until you need it.
Can't afford to leave it in the ground. Gotta cover your fixed costs! Ironically, the lower the price, the more you've got to pump to break even.

---

U.S. active oil rigs declined again.

U.S. oil production is now -8% from its peak last summer.
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