Rock, Paper, Scissor
The newest Gaffney, Cline & Associates presentation has this little equation to determine how an oil company decides where to invest:
• Rock (Prospectivity) trumps Scissors (Fiscal)
• Scissors (Fiscal) cut Paper (Profit)
• Paper (Buy Reserves) covers Rock (Develop Reserves)
News-Miner reporters Stefan Milkowski and Eric Lidji bring you up-to-date info about the governor's oil tax and
the gas line plans as well as tossing in some tidbits that have nowhere else to go.
November 2nd, 2007 at 11:48 am
This is very good way to present this subjsct to the public.
I like the analogy