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Strategies & Market Trends : Galapagos Islands
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To: Diana who wrote (52171)5/18/2004 1:03:18 PM
From: J.B.C.  Read Replies (2) of 57110
 
>>Just saw that Kerry is calling for Bush to release some of the strategic holdings. Kerry may be thinking what I am thinking. <<

If I remember the data correctly, the strategic reserve amounts to less than 1 day usage of the US's energy consumption. The release would be of little impact and the issue doesn't become availability BUT the capacity of refineries to process. Most refineries already run at full capacity (over 90%).

Jim
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