Strictly: Drilling and oil-field services Message Board

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Gold/Mining/Energy : Strictly: Drilling and oil-field services

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To: chowder who wrote (74020)	9/20/2000 10:40:46 PM
From: pz	Read Replies (2) of 95453

A question..... Since it appears likely that Clinton will release oil from the Strategic Petroleum Reserve to ease tight oil supplies. Here are a couple of questions. How much will he likely release and over what period of time? What will the likely price drop be? The last time we dipped into the reserve what was the immediate affect on oil prices and how long did it hold them in check? Obviously Clinton is trying to save his legacy by trying to get Gore elected and this is a way to help him. Any thoughts? Paul

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