Quote:
Originally Posted by crazy_eoj
Can't see any details of how they calculated those numbers, but I would assume a large portion of "production costs" may include what I was referencing in my previous post.
And regardless, aren't we are talking about the net increase in the proportion of these costs from 1999?
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I think those costs are included for sure, I just highly doubt they are the majority of any of the other sub-categories.
And yes, the point I was trying to make is that a marginal barrel now is a lot more energy intensive than in 1999, globally.