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Politics : Idea Of The Day

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To: GROUND ZERO™ who wrote (33584)	9/23/2000 11:03:21 PM
From: Harry	Read Replies (2) of 50167

I don't understand the effect the release of the reserves will have overall if they only amount to a two days supply based on the following from Excite and Briefing.com "Some energy analysts have questioned whether a modest release of government oil would budge prices. The country consumes the equivalent of 18 million barrels of oil a day, about half of it imported, in various products." Oil Reserves : President Clinton has ordered the Energy Department to release 30 mln barrels of oil from the strategic petroleum reserves into the market. What am I missing? H

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