MarkZ
[via PDK] My contacts in Iraq believe they will have an agreement next Tuesday or Wednesday on the cost of producing a barrel of oil of about $16 and they think we will get a new rate for the budget tables…that is hopeful.
We will see… They have had these expectations before…but those expectations are high again.
We are seeing some craziness on aggregating professional sites with fluctuating rates and pairings. It’s the pairings and pairing rates that are really unique.
If they are accurate we may be looking at a rate of $5 or so…IF they are accurate.