Conclusion: Limits and potential benefits of fiscal break-even analysis

Introduction

Today’s column concludes the discussion on fiscal break-even prices for crude oil, introduced three weeks ago on November 13. To recall, that topic was introduced under the rubric of a broader one: on the cost-price relation, which might emerge in Guyana’s coming time of oil and gas production and export (possibly around 2025). Readers should be further reminded that this broader topic was itself introduced as the third of four dynamic considerations, I intend to engage in this series concerning Guyana’s emergent petroleum sector.