2M barrel cut is going to be too muchI would have prefered to see 1M cut because this 2M cut will only feed this vicious circle . We all know that this cut doesn't even cover the present shortfall of actual production/quota but this will all but ensure that Powell's going to hike by 75 points and I can imagine someone will resurrect talk of a 1% hike . The next month may be another slow grind but we'll see , regardless I do like the recent bid action . Get your popcorn