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Oil in most countries pays the producers and some subsidies to farmers, truckers, etc. Oil in Saudi Arabia pays the entire country $8.98 might be the breakeve
by puranjay 7y ago
Oil in most countries pays the producers and some subsidies to farmers, truckers, etc.
Oil in Saudi Arabia pays the entire country
$8.98 might be the breakeven price for Saudi Aramco, but for the country, the breakeven point is, iirc, $80/barrel