And I presume, the furnaces will burn crude, because I don't believe the refineries have capacity to take in the oil, refine it to build inventories and deliver it. Is it being sold or "loaned" to "big oil" who will replace it later.
Good observation. This is a blatant political ploy to make Al(I invented the Internet during my three months in "Nam while being watched over by Brig. General Cooper and friend ) Gore look good to voters. GW is making a move on Al so Al went to his buddy(?) Bill(The First Sociopath)Clinton, who said ten days ago "I see no need at present to tap the Strategic Reserve", but he has, ten days later, decided an emergency exists. This oil will go into the Dem's inventory along with the 100,000 teachers and the 100,00 extra law enforcement officers in an attempt to make big Al appear presidential. IF, and that is a big IF,this oil is actually released there will be a standoff of already contracted oil in the delivery harbors until storage and refinery capacities are available. This release,minuscule compared to the overall consumption of oil products, will have no effect on price. For shame, but to be expected by this immoral bunch. Too bad little Joe Lieberman left his integrity in the Temple when asked to be vice-president nominee. Of course, little Joe has become accustomed to saying one thing for public consumption and doing another behind the voters backs.
Vented: TIA Ken PS: By the time this oil, if released, reaches the refineries the election will be over. I will give the Clinton-Gore cabal one credit. They are master manipulators which is characteristic of sociopaths. |