The NYT piece has one laugher in it—the oil law "would appear to settle a longstanding debate"—but otherwise thoroughly lays out the positions of the relevant parties. The Kurdish region has been independently negotiating contracts and exploiting its oil reserves, occasionally without bothering to tell the central government, let alone get approval or share revenue.Laugher indeed.
They have little interest in changing that situation and only agreed to the deal, perhaps, because "in Iraq's chaotic wartime environment, even laws that do get passed can have little impact," as the Times puts it. (TP might ask if that could be a workable definition of a "failed state.")
I'm a very lucky person with every allergy known to man but still happy to be enjoying a wonderful life living in the best place in the world!