I'd like to speak to someone about a mortgage http://tubegalore.in.net/ tube galor The lower earnings volatility of Russian oil companies compared with most international peers is credit-positive, which we take it into account in our forecasts. Three major factors contribute to it - a progressive tax regime, ie, the total tax burden borne by Russian oil and gas producers increases as oil prices rise, and vice versa; a relatively flexible exchange rate regime that implies that the rouble depreciates in response to falling oil prices, cushioning the impact of lower oil export revenues; and the regulation of domestic gas prices. The importance of these factors was demonstrated in 2009, when the EBITDA of the Russian oil and gas companies per barrel of oil equivalent declined less than that of most international peers.