Nobody really knows what the economy or oil will look like tomorrow or next week.

Not that they listened at CLL but I hoped for hedges for at least 5000 bbl/d back in late '09, as previously posted.

Anything above that DG wouldn't do because he is an oil man and they don't like to overhedge. With that in mind if oil did dip back really low they are asssured of the hedging prices which will enable them to not cut production at GD. Algar on the other hand won't realistically come on line until Oct which gives Oil and the economy more time to recover, which is despite the last few days, a very real possibility.

PDP oil pricing is maxed, so changes shouldn't effect it, but it does.

Anyway hang in there, I still see SP rising as we get closer to commissioning Algar.