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Strategies & Market Trends : Ask DrBob

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To: Drbob512 who started this subject	9/21/2000 7:04:32 PM
From: manfmnantucket	Read Replies (1) of 100058

USA faces fuel crisis Gore wants release done on trial basis Gore: OPEC must do its part [Isayitagainfolks - still seeing signs of approaching recession. What were just whispers in the spring are now murmurs. Still more for-sale signs out than normal, etc. IMHO. I just wish that oil weren't so - so - CRUDE! ] Faced with a natural gas shortage, soaring oil prices and unprecedented demands for electricity, Americans are bracing for the worst energy crunch in a quarter of a century. It should hit, economists say, about the dead of winter, when temperatures and resources drop and the need for heat reaches its peak. Energy Secretary Bill Richardson said this week that oil prices were "dangerously high." Al Gore urged President Clinton on Thursday to tap the government's emergency petroleum reserve and force down oil prices before winter arrives. Rival George W. Bush's campaign said taking oil from the reserve could leave the nation vulnerable to foreign suppliers.

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