I have one contractor [in Iraq] that they contacted to renegotiate their contract. This happens whenever it gets close. They bring in the foreign contractors to refigure the rates in contracts for their employees and them. Figure the exchange rates from whatever country they originate from and the Iraqi dinar. So they have to adjust this… They have been brought in a handful of times to do this…. They had a conversation with him and said they needed him to be available to redo contracts Sunday or Monday to negotiate that rate. Most of them saw rates that were going to between $3.65 to the low $4 range when they brought them in before. Hopefully this time it will be the real thing and not just another fire drill.
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