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.
1. to wander away from the main topic or argument in speaking or writing. 2. Archaic. to turn aside. [1520â30; < Latin dÄ«gressus, past participle of dÄ«gredÄ« to go off, depart, digress =dÄ«- di-2 + -gredÄ«, comb. form of gradÄ« to go; compare grade]