RE:RE:RE:RE:Nuclear Deal with IranIF and I mean a big IF Iran gets to sell some oil then maybe the Saudi's cut back a little on their production, then theres trouble in Libia and then someone is mad at this and that and a rocket gets fired and then............ this is the way it always turns out so I think our Brent is pretty well going to stay range bound for some time to come. Remember we are burning 90 million barrels every single day and that number will only rise as time goes on.
Also remember that Ithaca is a very, very low cost producer.