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Pastimes : The Justa & Lars Honors Bob Brinker Investment Club
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To: Justa Werkenstiff who wrote (10465)12/15/1999 4:26:00 PM
From: Wally Mastroly  Read Replies (2) of 15132
 
Justa, Re: I think the Administration's jawboning has no meat behind it. I believe our entire oil reserve is only enough for a couple of months of US consumption.

Don't think release of the entire amount would have more than a very short term impact on oil prices (if that). (Not to mention, I thought those reserves were only for a real emergency - not a political one of rising prices).
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