Below is a link to an interesting article about using the operating cost to predict the oil price. Traditionally OPEC is the starting point for any Oil price discussions. This article look at the outcome of the oil price based on industry costs..
http://www.digitalenergyjournal.com/n/Using_costs_to_predict_the_oil_price/cf21dcc2.aspx
In our cost constrained industry, this is a topic that is quite important to all our stakeholders. Do share your thoughts with others in this community via replies!
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Dennie Heye
Business Analyst Information Management
Royal Dutch Shell
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