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.
Princeton's WordNet(2.00 / 1 vote)Rate this definition: Wiktionary(0.00 / 0 votes)Rate this definition: Freebase(0.00 / 0 votes)Rate this definition: Ponderosa is a television series developed by Bonanza creator David Dortort for PAX-TV that ran for the 2001â2002 television season. Envisioned as a prequel to the long-running NBC series Bonanza, it had less gunfire, brawling and other traditional western elements than the original.