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Talk:Essay: Russian oil: Lower future production/profits due to future higher extraction costs and other inefficiencies (view source)
Revision as of 05:59, February 28, 2024
, 05:59, February 28, 2024no edit summary
==Off topic personal conversation==
==Off topic personal conversation==
''Moved to [[User:Conservative/mailbox]]
''Moved to [[User:Conservative/mailbox]]
== Russia crude oil extraction cost March 2005 to December 2018 ==
For more information, please read: [https://archive.ph/RzRRI The Golden Age of Russian Oil Nears an End], Stratfor, 2023
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[[File:Russia crude oil extraction cost Mar 2005 to Dec 2018.png|thumbnail|1200px|center|Russia crude oil extraction cost March 2005 to December 2018<ref>[https://www.ceicdata.com/en/russia/energy-production-prime-costs/prime-costs-crude-oil-extraction Russia Prime Costs: Crude Oil Extraction]</ref>
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Russia's crude oil extraction cost affects how much profit Russia can earn from Russian oil sales. In addition, it can affect the potential amount of Russian oil drilling because if oil is too costly to extract in a given area, the drilling will not occur.
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Russia's oil extraction cost are expected to rise in the future. See: [https://archive.ph/RzRRI The Golden Age of Russian Oil Nears an End], Stratfor, 2023 ]]
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