The cost-price relation: Indicative prices after Guyana’s oil comes on stream

Introduction Today’s column addresses price, in the cost-price relation that Guyana’s oil and gas ‘discovery’ will likely encounter, after it comes on stream 5-7 years from today. Like last week’s treatment of cost in the relation, today’s treatment is also indicative. This underscores the difficulty of determining oil prices so far into the future. Economists…

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The Cost – Price Relation: Indicative Production Cost for Guyana’s Oil & Gas Discovery

Introduction Today’s column addresses the “cost-price relation”, likely to emerge as Guyana transforms its oil and gas “discovery” into an industrial success. To remind readers, this is the third of four features of Guyana’s “discovery” singled out for further amplification. The present column starts with cost and continues with price next week. Clearly, at this…

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More on the physical and geological features of Guyana’s Oil & Gas Discovery

Introduction Today’s column is primarily aimed at amplifying those references, which were made last week to the dynamic features of Guyana’s ‘potentially massive’ oil and natural gas discovery. To recall, the four features mentioned, were 1) the physical/geological characteristics of the discovery; 2) going forward, the ownership, control, and organizational responsibility for producing and exporting…

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