Losers: ENI Petroleum ~ With the oil price crash, and still going south, ENI is making about a gallon of gasoline price-wise for every barrel of crude oil it exploits from its Nikaitchuq prospect!
Winners: State of Alaska ~ But if oil descends another $1.87, the “Royalty Relief” kicks in for ENI and for every barrel that is then exploited, Alaska will loose 30% of the value as seen today, which means it sets us back to George Orwell's 1984.
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