Friday, February 7, 2014

2-7-2014 Newshound Guru Doc

2-7-2014   Newshound Guru Doc   [Is there any hint of the RV in the 2014 budget? The short answer is no despite those that keep claiming so.  We have reviewed the budget in its entirety (the one currently in the news) and it states revenue in the trillions of dinar just like last year.  Also if you take the assumed oil production and $/barrel you have to use the current program rate of 1166 to get their calculated revenue.  So again, the budget does not reflect a $3.44 RV rate or any other rate other than the current program rate of 1166.  We report, you decide