yota691 Posted February 24, 2012 Author Report Share Posted February 24, 2012 This is very nice catch oleman! It will take some time to hammer out all the details and logistics of sharing 25% of oil profits with the people of Iraq. Think about this huge sum of money. In 6 months they'll probably be pumping 5-6 million bpd off the coast to waiting tankers! Do the math... 6M bpd x 100 per/barrel = $600 million a day x 365 days = $219 billion dollars a year x 25% = 54,750,000,000 to divide amongst the people with $190 billion left for the government to play with. Un-friggin-believable!! WOW!!!! And that's every year for decades to come. It will only continue to go up as they find more oil and bring it to market!!! Amazing Grace how sweet thou Sound 1 Link to comment Share on other sites More sharing options...
Integrativedoc Posted February 24, 2012 Report Share Posted February 24, 2012 This is just budgeting for the HCL Which, if memory serves, there was a recent article about agreement on HCL. National Meeting date set and we have everything but Chapter 7, which may happpen at the Arab Summit since Moon is to be there. Link to comment Share on other sites More sharing options...
Laid Back Posted February 24, 2012 Report Share Posted February 24, 2012 GO RV ...YEAHHHH asap Link to comment Share on other sites More sharing options...
ididitfirst Posted February 24, 2012 Report Share Posted February 24, 2012 This is very nice catch oleman! It will take some time to hammer out all the details and logistics of sharing 25% of oil profits with the people of Iraq. Think about this huge sum of money. In 6 months they'll probably be pumping 5-6 million bpd off the coast to waiting tankers! Do the math... 6M bpd x 100 per/barrel = $600 million a day x 365 days = $219 billion dollars a year x 25% = 54,750,000,000 to divide amongst the people with $190 billion left for the government to play with. Un-friggin-believable!! WOW!!!! And that's every year for decades to come. It will only continue to go up as they find more oil and bring it to market!!! hi, am i reading this right? 54,750,000,000/approx 30mil people=1825000000 per person? Link to comment Share on other sites More sharing options...
HopefulTxn Posted February 24, 2012 Report Share Posted February 24, 2012 hi, am i reading this right? 54,750,000,000/approx 30mil people=1825000000 per person? You have several extra zeros on there... $54.75 billion / 30 million = $1,825 Link to comment Share on other sites More sharing options...
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