Hydrocarbon law – I’ve been talking about this forever…What does the hydrocarbon law have to do with the exchange rate? [Other gurus] are not being very specific. They don’t tell you how it’s connected at all. Does the Iraqi hydrocarbon law pay money directly to the Iraqi citizens? The money…goes into different funds…designed to ensure each Iraq citizens residing in the country receives a equal share of Iraqi revenues…Iraqi citizens do not receive direct payments from the Iraqi hydrocarbon law. Instead they may benefit indirectly through various funds…They’re not directly going to get paid…
