Applied Materials No-Politics Thread (AMAT) Message Board

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Technology Stocks : Applied Materials No-Politics Thread (AMAT)

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To: etchmeister who wrote (14501)	4/17/2005 9:35:17 AM
From: Sarmad Y. Hermiz	Read Replies (1) of 25522

>> I hope the strategic oil reserve does not provide a "relief valve"/loop hole for speculators (supposedly there is plenty of capacity left in the salt caverns - strategic reserves continue to grow/bloat). I recall that in Sept '04, the strategic oil reserve was at 670m barrels full. With a capacity of approx 720m brls. I think the fed gov stopped adding to it in Nov '04 because it is practically full. At the time, the rate of addition was approx 100k brls/day.

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