Pimpy

I just read an article not that long ago that said oil sales are now 89% of their budget which is good.  Remember it was 96% of their budget…Iraq is going in the right direction but they still rely on oil sales way too much…If Iraq starts stumbling and the prices drop low for oil per barrel then they start operating in the deficit…If it keeps dropping and gets too low then they’re going to have no choice but to…devalue the Iraq dinar…No body said they’re doing it.  I’m just saying we really got to pay attention to the price of oil per barrel because if it gets too low they don’t need to tell us what’s going to happen, you should already be aware that’s what they’re going to do…