Meoryou,You are correct.I was gonna jump ship to day but as usual I have missed the boat.I am of an age that I cannot be bothered with it, the risk/reward is not worth it.Anyroad I am fine,Cheers, Baz.
You can sweeten heavy crude with light to get a mixture that works if it is financially worthwhile.Longannet power station used to mix high grade coal with ash to get back to a low grade mix which it was designed for.
''Downside of united states strengthening dollar is less dividends for us sadly.''.I thought it was the other way round as the divi is paid in dollars,
''With an annual expected generation of 360,000 MW hours'' divide this by 365 then 24 and you get approx 41mw per hour. Therefore the theoretical output of 187mw means it only runs for 4.5 hours per day.Figures can be misleading.
''Saudis, particularly, and Russia (to a lesser extent) can extract oil for peanuts '' Saudi needs a high price to pay for its social infrastructure and the Russkies have got a war to pay for.Low prices are not in their interest.
RE: JOSH OWENS Josh Owens is the Content Director at Oilprice.com. An International Relations and Politics graduate from the University of Edinburgh, Josh specialized in Middle East and… More Info SHARE Facebook Twitter Linkedin Reddit PREMIUM CONTENT Escalating Tensions in the Middle East Keep Oil Markets on Edge Conflict Is Brewing in Libya Once Again A Review of Geopolitical Risk in Russia and the Middle East Energy Investors Are Eyeing Utility Stocks Oil Prices Soar as Geopolitical Risk Rises Rapidly26 Aug 2024 22:49
Using your figures, Iif your average is 440 and the dividend is 24p per annum, then it would take 18.33 years for it to ‘clean its face’ and that’s discounting inflation.''If you reinvest the divi and all else stayed the same the you would double your capital in 13 years.