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Pastimes : Clown-Free Zone... sorry, no clowns allowed

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To: patron_anejo_por_favor who wrote (19564)9/19/2000 1:16:30 PM
From: Ken98  Read Replies (1) of 436258
 
<<Energy Secretary Says Oil Prices 'Dangerously High'

WASHINGTON (Reuters) - U.S. Energy Secretary Bill Richardson said
Tuesday that oil prices were ``dangerously high'' and the White House would
not hesitate to use all options to fight soaring energy prices.

Richardson declined to say if the release of oil from the nation's Strategic Petroleum Reserve was imminent, but
he said oil prices that are currently approaching $38 a barrel are ''dangerously high.'' He spoke to reporters
after meeting with Northeast lawmakers.

Richardson reiterated that all options were on the table to protect Americans from rising energy prices but
would not say if current market conditions made it more likely that the emergency stockpile of oil would be
tapped.

Richardson met privately at the Capitol with lawmakers, who urged the administration to release oil from the
Strategic Petroleum Reserve as soon as possible to prevent a spike in home heating oil prices this winter.>>

But I thought that every single Fed president, New Era Al and Bubba hisself all said the energy stuff was "no big deal"....
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