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Gold/Mining/Energy : Big Dog's Boom Boom Room
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To: Jim P. who wrote (184429)6/16/2014 6:26:22 AM
From: Ed Ajootian   of 206148
 
Iraq -- thanks for all of your responses. The best I can figure at this point is that Well's Fargo's call for a 300K bbl. reduction in Iraq production is a probabistic average of the outcome. Going out further, they expect total Iraqi production to increase from the 3.3 mmbod expected this year to 3.9 mmbod by '17. Not quite the hockey stick that many had been predicting from this country's production just months ago, but still steady increases.
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