The Arabs understand the cost of exploration and would rather preserve their oil reserves and increase prices as oil reserves are depleted.

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Simultaneous with the announcement of this deal with Plains, McMoran announced a major new refinancing which should cover the cost of exploration for the next five years.

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Establishing an extended human presence on the moon could vastly reduce the cost of further space exploration, making possible ever more ambitious missions.

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The box cost certainly merited the hours of exploration contained within.

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The McMoran Exploration portfolio is expected to provide a large, long-term and low cost source of natural gas production.

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The projects are: rigorous enforcement of trade rights, formulation of a national industrial strategy, cost-benefit testing of environmental rules, and reorganization of the space exploration program.

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The cost structure of the project, he says, is about the same as current exploration.

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