Thanks Spanker - An Excellent ArticleThe article makes a lot of sense. By teasing $50 Brent with rumours of a possible freeze or God help us a cut, the Saudi's can keep the PoO at a decent enough price until the market fundamentals catch up to their level of output. It also keeps shale in check until again, the market fundamentals catch up with world wide production. This strategy is actually brilliant. OPEC continues to control the market but not by touching production. They have done it, and now they just have to wait until supply and demand balances. I cannot see Iran agreeing to a freeze and I cannot see the Saudi's agreeing to a freeze, but I can see them continuing to play this game of maybe. Under this kind of game, Brent should remain range bound between $47.00 and $52.00 for the next 9 months or so until the fundamentals catch up. And again under this kind of a market, I can see IAE management waiting until sometime near the end of Q1 2017 or into Q2 2017 to actually sell the company because by that time Brent will actually be high enough to justify a decent takeout price from Delek. More waiting, but for me it seems a bit clearer now. Thanks again Monkey.