Morgan Stanley analysts recently included this chart of crude production costs. Onshore Middle East oil sites are much cheaper to tap than North American shale, which costs about $65 per barrel to extract.
1. ponder-reflect deeply on a subject; I mulled over the events of the afternoon; philosophers have speculated on the question of God for thousands of years; The scientist must stop to observe and start to excogitate.
Another word for lax. Not strict or severe: charitable, clement, easy, forbearing, indulgent, lenient, merciful, soft, tolerant. Guilty of neglect; lacking due care or concern: derelict, neglectful, negligent, remiss, slack. Not tautly bound, held, or fastened: loose, relaxed, slack.