Originally Posted by
Kathianne
More oil found:
Some 1.2 billion barrels of oil have been discovered in Alaska, marking the biggest onshore discovery in the U.S. in three decades.
Sounds fine. The rest is to calculate the manufacturing costs and estimate the existing infrastructure, the costs of it development, maintenance and logistic and finally calculate the price of 1 barrel of crude oil.
Indifferent alike to praise or blame
Give heed, O Muse, but to the voice Divine
Fearing not injury, nor seeking fame,
Nor casting pearls to swine.
(A.Pushkin)