First, the normal stuff…OIL – nothing crazy, just the normal expected good stuff. Stable and steady upward trend. Budget – This may not seem like a big deal, but…submitting it, then withdrawing it, then returning it, then stating “we need 3 weeks to approve it”…there is some number-crunching, pencil whipping, fiat manipulation going on in the background. By itself, that news would raise some eyebrows, but let’s hop right into the stuff that does more than raise eyebrows: In particular, this part:
“Deputy Haybat Al-Halbousi indicated that the committee had opened the cabinet to send oil and energy bills, including the oil and gas law.” … in case you missed that: “including the oil and gas law”. If I had the ability to make fireworks…jump off of your screen right now, I would consider it – that’s how big this kind of news is! If it seems like “all Adam talks about anymore is HCL”, that’s because things are so smooth and streamlined in Iraq right now… HCL is all we need at this point. HCL is oil and gas law. That’s it. That’s all, end of story, all she wrote, finito…done.
Our man Kazzammie is hands down the best thing to ever happen to this situation. Not because he’s a messiah or anything crazy like that – the man has just done so much it’s almost unbelievable. Prior to him taking the position, Iraq was torn and confused by riots, revolts, and failure. That short period of time came after much incredible progress, including getting out of Chapter 7 and booting Maliki. There was a time (not too long ago) when it looked like one of the previous Prime Ministers would make some progress, but we have never seen this much HCL action. Ever. I’m excited… Go Iraq, Go Dinar…GO RRRRVVVVV!!!