Quote:
Originally Posted by Flames.Central
Just curious as to what you all think the outcome of the review would of been had the oil been at around the 80$ mark?
I am thinking it's good the review happened with the current oil prices rather than a healthy oil price. Thoughts?
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Royalty rates are already on a sliding scale. When the price goes up, the royalty rate does too. I would hope that the panel is smart enough to consider this already.