That Makes Since, I just had a few calls this morning on it and trying to catch up. Everyone I know is Excited. Also, My sons work in the Oil and Gas field. I dont ever remember them saying Barrals of gas. Oil Maybe but not Gas. I see CapeK and darock have the full article in the Think Tank. I will have another read of it.
Please visit our sponsors
Results 11 to 20 of 110
Thread: ISX Signifcance
-
11-07-2007, 09:48 PM #11
- Join Date
- Dec 2005
- Posts
- 5,906
- Feedback Score
- 0
- Thanks
- 3,000
- Thanked 5,808 Times in 483 Posts
You Know Mok....
-
11-07-2007, 09:59 PM #12
- Join Date
- Oct 2006
- Posts
- 16
- Feedback Score
- 0
- Thanks
- 0
- Thanked 51 Times in 4 Posts
When I read that, I thought it was referring to the percentage rate that the foreign oil companies would be allowed to operate in as per the law, rather than an exchange rate.
The exhange rate would more than likely be variable anyway and doubt that we would see it set in the oil, otherwise if it was the exchange rate, the law would have to be re-edit and re-passed each time the exchange rate changed.
Therefore, it sounds more like a percentage profit rate for the oil companies to me.
-
11-07-2007, 10:02 PM #13
- Join Date
- Dec 2005
- Posts
- 5,906
- Feedback Score
- 0
- Thanks
- 3,000
- Thanked 5,808 Times in 483 Posts
-
12-07-2007, 05:28 AM #14
- Join Date
- Aug 2005
- Posts
- 850
- Feedback Score
- 0
- Thanks
- 79
- Thanked 494 Times in 73 Posts
Vietnam is extremely self sufficient and requires very few if any imports in the area of food, fuel and goods; therefore, they keep their currency valued artificially low in order to sustain a higher level of exports by motivating other countries to import more of their goods at great prices. Think of it as the high volume low mark up approach. Vietnam can't carry on like this forever but it works for the time being. Iraq is just the opposite as they need to import almost everything and need to have good prices for their exported oil as well in order to pay for re-building their war torn country. Iraq really needs to rv in order to beat inflation and have any chance of economic success. The ISX is not the big player and will undoubtedly continue to be delayed to foreign investment until a rv is implemented.
-
12-07-2007, 05:52 AM #15
- Join Date
- Apr 2007
- Posts
- 47
- Feedback Score
- 0
- Thanks
- 1
- Thanked 0 Times in 0 Posts
-
12-07-2007, 05:55 AM #16
- Join Date
- Sep 2006
- Location
- Kaimuki, HI
- Posts
- 35
- Feedback Score
- 0
- Thanks
- 42
- Thanked 21 Times in 3 Posts
If an RV doesn't occur within the next couple of weeks, I will certainly be hoping the opening of the ISX to non-Iraqis is delayed. I'm watchin' that one closely. No RV in a couple of weeks AND the ISX being delayed to the world would be a "HUGH" sign. So, RV tommorow already!
-
12-07-2007, 01:48 PM #17
- Join Date
- Sep 2006
- Posts
- 205
- Feedback Score
- 0
- Thanks
- 30
- Thanked 20 Times in 2 Posts
-
12-07-2007, 02:21 PM #18
- Join Date
- Mar 2007
- Posts
- 40
- Feedback Score
- 0
- Thanks
- 0
- Thanked 6 Times in 2 Posts
Bubbles
I am not trying to bust any bubbles but with Neno's post #6 where it states a gas rate does not mean a R/V but simply means a rate of gas they will flow. In other words 10 million cubic feet per day or 10mcf or what ever they set it at. After 17 Years in the oil field that is what they are talking about. As bad as I want the R/V that is not what that meansSorry if I rained on anyone's party. Bill
-
12-07-2007, 02:25 PM #19
- Join Date
- Sep 2006
- Posts
- 2,989
- Feedback Score
- 0
- Thanks
- 196
- Thanked 2,467 Times in 238 Posts
it can be said for all investors from the Arabs and foreigners, you enter now for it will be a golden opportunity for you.
-
12-07-2007, 02:39 PM #20
- Join Date
- Mar 2007
- Posts
- 40
- Feedback Score
- 0
- Thanks
- 0
- Thanked 6 Times in 2 Posts
When people are talking oil and gas BBL means barrels or simply [1000bblpd or 1000 Barrels per day] When you talk gas it is million cubit feet or [10mcfpd] or 10 million cubit feet per day. I have people telling me all the time that the Dinar will R/V at any time and my wife and I need the money but I will only throw the party when the money is in my bank. WOOOT These are just examples. Bill
-
Sponsored Links
Thread Information
Users Browsing this Thread
There are currently 1 users browsing this thread. (0 members and 1 guests)
24 Hour Gold
Advertising
- Over 20.000 UNIQUE Daily!
- Get Maximum Exposure For Your Site!
- Get QUALITY Converting Traffic!
- Advertise Here Today!
Out Of Billions Of Website's Online.
Members Are Online From.
- Get Maximum Exposure For Your Site!
- Get QUALITY Converting Traffic!
- Advertise Here Today!
Out Of Billions Of Website's Online.
Members Are Online From.