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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: patron_anejo_por_favor who wrote (17732)9/12/2000 7:40:22 PM
From: Terry Whitman  Read Replies (2) of 436258
 
Timer's Weekly Flash- "Clinton says he can time the oil market"

>Under the administration's crude oil ``swap'' option, the government would loan oil from the reserve to energy companies, who would then sell it on the open market and increase supplies. The firms would replace the loaned oil at a later date with more barrels of crude after prices fell.<
dailynews.yahoo.com

So the government would basically be 'shorting' the oil market. hohoho. They better get commodities expert 'Billary'
to help with the timing. LOL

Reminds me of the Indiana tax abatement on gasoline this summer. They've extended it once already. My crystal ball says they'll do it again september 15 when the current term is up. They had their chance to cover this summer and they blew it. Governments' timing sux. <ng>
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