Haven't read the whole thread, so I'm not sure if this has been touched upon... but I read in the Metro daily today that the Finance Minister was predicting oil royalties to drop to something like 700-900 million by 2009. It also said the government was predicting long-term reduced returns on oil royalties. I was pretty surprised by that, I didn't think we'd peaked production-wise yet, and the price seems steadily high... maybe they're predicting the ppb will drop?
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