The Friday Alaska Landmine Column: Oil revenues aren’t only about oil prices (11.19.2021)
bgkeithley.substack.com
Whenever we write a column or post about “traditional” (which are mostly oil) revenues, some will always comment, “but what about production levels?” They are right to ask, of course. Oil revenues aren’t only about oil prices. Gross oil revenues are the result of oil price times production. And production levels sometimes can make a huge difference.
The Friday Alaska Landmine Column: Oil revenues aren’t only about oil prices (11.19.2021)
The Friday Alaska Landmine Column: Oil…
The Friday Alaska Landmine Column: Oil revenues aren’t only about oil prices (11.19.2021)
Whenever we write a column or post about “traditional” (which are mostly oil) revenues, some will always comment, “but what about production levels?” They are right to ask, of course. Oil revenues aren’t only about oil prices. Gross oil revenues are the result of oil price times production. And production levels sometimes can make a huge difference.