I think it's rather interesting that Iraq can come up with a realistic budget, when our own government can't. That sort of says a lot, doesn't it?

Oil is an interchangeable commodity, like grains or metals. When the Saudi oil minister says he wants to improve "market share," he's really saying he wants to drive weaker oil producers out of business. That's obviously bad news for shale oil producers, but probably worse news for oil nations like Russia, Venezuela, Syria, Nigeria, and Iran. This could get exciting.

Onward and upward,
airforce