The Oil Drum: Oil Prices also Affect Oil Costs

I suspect that few of our readers have to buy a lot of the materials that go into an oil drilling operation. But those that do can tell you that the same rise in prices that is hitting your pocket is also hitting a lot of theirs. (And supply lead times are getting to be beyond a year for some metal stock). In this regard I am delighted to turn the podium back to J, for some comments both on this and the rock that oil is found in…

More production talk after the jump at The Oil Drum.