“according to legendary oilman Charles Maxwell” on The Money Show, most countries report that it costs from $55 (Saudi Arabia) to $70-90 ...

Experienced followers of low-EROI claims will not be surprised to learn that the link does not lead to any saying by Maxwell that at all resembles the claimed per-barrel costs. Saudi Arabia's oil production would either have been different beyond recognition before 2004, or not have begun until that year, if at $55 it were just breaking even.

--- G.R.L. Cowan, author of 'How fire can be tamed' --
you should read it -- http://www.eagle.ca/~gcowan