Frank26and KTFA Members Saturday Late Morning - 03/16/2013

[ronscarpa]

Frank26and KTFA Members Saturday Late Morning - 03/16/2013

 

 

 

walkongstick wrote on March 16th, 2013, 10:17 am:  “Iraq to spend $173 bn on energy infrastructure”

BASRA, Iraq: Iraq plans to invest $173 billion in its energy infrastructure over the next five years in order to dramatically ramp up crude output, Oil Minister Abdelkarim al-Luaybi said on Saturday.

The investment in upstream activities, refineries and to increase natural gas production will boost oil production to 9.0 million barrels of oil per day and bring in revenues of $600 billion, Luaybi told a conference in the southern port city of Basra.

"This plan will achieve revenues that will reach about $600 billion in the coming five years," Luaybi said.

Iraq currently produces around 3.15 million bpd, according to oil ministry spokesman Assem Jihad, of which around 2.5 million bpd is exported. The country has proven reserves of 143.1 billion barrels, among the highest figures in the world.

It has sought in recent years to sign contracts with international energy firms in order to boost output sharply and cement its role as a key global oil supplier.
 

Baghdad is almost entirely dependent on crude sales for much-needed revenues to rebuild Iraq's decrepit infrastructure and state-dominated economy, both of which have been shattered by decades of conflict and sanctions.    Read more: 

http://www.dailystar.com.lb/Business/Middle-East/2013/Mar-16/210379-iraq-to-spend-173-bn-on-energy-infrastructure.ashx#ixzz2NiE1bltG

Frank26:   KTFA ........... They tell the CITIZENS ALL OVER Iraq that their currency is about to increase in value and Power on Iraqia TV.  So You will not understand or know.

But articles like this one with these NUMBERS that EXPLODE ........... Become Your Iraqia TV ......... Translated.  Have a Beautiful day ......... Con Amor que es Aloha ....... :hibye:

KTFA,   Frank

**********************

seniortour wrote on March 16th, 2013, 11:03 am:Good Morning Frank,
Have you heard any new discussions about O trying to make any new tax laws?
Do you think that maybe he studied Socialist Law and not American Law when in College?

I remember, seems like years ago, there was a lot of talk on the forums that 3,000,000 Americans hold at least 2,000,000 IQD. That comes up to 6 Trillion IQD. Where those numbers came from, who knows. Let us, for the sake of discussion, say those numbers was correct. Where to you think we are now with regard to how many Americans own the IQD? All these delays are only going to put huge amounts of money into the economy. 

The American People with their investments, debt reduction and yes tax dollars will reduce our government’s debt. The amount of IQD our government
holds is only the icing on a very huge cake. 

Would like to know your thoughts?   Seniortour

Frank26: Wish I had the time to post You an answer but I type like a bird eats seeds ....... And I have to go.I have talked of this on my CCs but I will do so again on Monday's CC.

Look........... Time was give to us to buy more dinars in the last 4 years ........... But NOT on purpose nor with purpose. It just worked out that way.

BUT ............ Double dipping ............. Brilliant IMO.  Be Blessed Friend........... :

KTFA,  Frank

[one2one]

do you think the RV will actually happen--or are we wasting our time daydreaming ?

[dinarbeleiver]

its going to happen one to one dont lose faith it will be over by the summer

[keepmwlknfny]

do you think the RV will actually happen--or are we wasting our time daydreaming ?

Not the way we were all led to believe in the beginning......

[umbertino]

do you think the RV will actually happen--or are we wasting our time daydreaming ?

Hmmm...... The Motherlode of all questions... The Trillion Dollar ( we hope Dinar) question actually......

Not the way we were all led to believe in the beginning......

Agreed ( unfortunately for me and all).

Edited March 16, 2013 by umbertino

[NWGUY]

 

Frankieeeee.....Riddle me this?????  What the heck are you talking about???  Your posts are getting worse, worse???  I am not a genius by any stretch of the imagination, but can you at least try, and write a complete thought, or even a complete sentence, that would make some form of a thought.

 

Very concerned, that Frankie is a little bubble off plum!!!

 

 

Go RV or RI !!!

 

[skitealwedrop]

I do hope that Iraq will invest in their infrastructure. Iraq is not capable of their maximum Barrels per Day in their dilapidated state. Iraq is a messed up country. We will see how the GOI progresses. The boys in the pit are corrupt as hell. We can't change that.

[Darin]

I do hope that Iraq will invest in their infrastructure. Iraq is not capable of their maximum Barrels per Day in their dilapidated state. Iraq is a messed up country. We will see how the GOI progresses. The boys in the pit are corrupt as hell. We can't change that.

We also can't confuse corruption for bribery.

We view bribery as a negative thing in the U.S. as our business laws do not allow bribes. However, in some regions it is an accepted practice and sometimes expected. Who knows how many bribes are given and taken within the GOI or businesses in general in the Iraqi area.

[R2d2dc]

Thanks Ron.

r2

[sandfly]

NOTHING AGAIN

[jeepguy]

what frank is saying - is uhhhmmmmm , the electrical plug, uhhhhmmmmm is uh, going to be , uh uh , plugged into the uhhhhh, wall thingy, but he will tell us tomorrow because he is sooooo busy , answer uhhhhh not answering , uhhhh questions uhhh about how he uhhhhhhhh mmmmmm thinks oil production and dinar are uhhhhhhmmmmmmmm tied togeather mmmmmmmmmmm -- i`ll call ya tomorrow  with more uhhhhhhh things   plezzz ninja