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Oil prices last year averaged about $100 a barrel, about the same level as in 2008.
When Chávez was elected, Venezuelan crude went for about $9 a barrel (about $11 today).
Its cost of sugar production is so low that ethanol can compete with petrol even with oil prices at $35 a barrel, about half of today's price.
Sanford Bernstein estimates that the shares of major European oil companies are priced for oil at $90 a barrel, about a quarter below the current price.
The two sides have not agreed on a specific price.South Sudan says the north wants $32 per barrel, about one-third of the total value, which it considers exorbitant.
Worse, by next winter a combination of low inventories and cold weather could send crude oil prices to $40 a barrel, about twice the normal price of crude over the past several years.
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The Orleans process, best-known of the old methods, used a barrel of about 50 gallons (200 l) capacity.
Since the beginning of the year, oil prices have risen by $30 a barrel, or about 44percentt.
The brewery will churn out more than 31,000 barrels of beer this year (one barrel is about 31 gallons).
Now, its capacity has jumped to 800,000 barrels, about 150,000 of which would go to domestic use.
Oil experts say crude oil has been leaking from the undersea well for the past two months at an estimated rate of about 60,000 barrels (about 2.5m gallons) a day.
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