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They're international.
The old, 10 years old standard, of profit for drilling a barrel of oil was $10 per barrel... for easy oil in a friendly area...
That is not, ever, ever going to happen... too much demand, too little supply.
The end of the oil is upon us. I'm 32, by the time i'm 40 the world will be hurtling towards an oil-fuel-less existence, by the time i'm 50 it'll be complete.
Probably before.
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"I do not agree that the dog in a manger has the final right to the manger even though he may have lain there for a very long time. I do not admit that right. I do not admit for instance, that a great wrong has been done to the Red Indians of America or the black people of Australia. I do not admit that a wrong has been done to these people by the fact that a stronger race, a higher-grade race, a more worldly wise race to put it that way, has come in and taken their place." - Winston Churchill, 1937 --{ORLY?}--
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