Venezuela Plans to Split State Oil Company

David Schanoes dmsch at attglobal.net
Thu Jan 9 16:56:01 MST 2003


I'm doing this from memory as the documents are in my office at work, but I
think, referring to the costs of production....

1949 saw a cost of production per barrel of oil at app $2.47

1972, I believe, that number was $2.42

1998 or 99 that  $2.4? number of 72 was matched.  I will check tomorrow and
correct the estimates.

Thanks.


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