[I understand oil is over $60 and Iraq has a lot of oil, but oil is only one of the variables…What about – a fully seated government – HCL, Art 140, FML – IMF Art 8 – administrative and financial corruption – Iran interventionist – development of private sector – diversification of economy.] OIL is indeed only one of the variables. We don’t need everything in the list to be perfectly checked off. [It is quite impressive the shear volume of good news coming out of Iraq lately.] It IS impressive, and keeps getting better!