I am not clever enough to ( but will keep searching ) for a clip out of 'Landman " a made up show from Tayla Sheridan on the oil industry ...
Where he is explaining how the cost of a Barrell of oil must remain at around $70- $80
AI below
In the Paramount+ series
Landman, character Tommy Norris explains that the ideal price for a barrel of oil is around $78, living safely in a window between $60 and $90.
The Ideal Price Range
Tommy Norris explains that oil companies make plenty of profit when prices sit below $90. As noted by
Woman's World,
“You want oil to live above $60, but below $90.”
- Below $60: Companies struggle to make enough profit to keep exploring for new oil.
- Around $78: This price is near-perfect because it funds new exploration without hurting regular buyers too much.
- At $90: Producers still make massive profits, but everyday costs begin to rise.