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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: patron_anejo_por_favor who wrote (17944)9/13/2000 11:42:02 AM
From: Ken98  Read Replies (3) of 436258
 
<<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.>>

They could really make this one work - look at the experience they have with the gold markets. <g>

Something tells me though that if they think they can do the same thing with oil they will get their heads handed to them.
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