Formerly About Advanced Micro Devices Message Board

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Politics : Formerly About Advanced Micro Devices

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To: SilentZ who wrote (294852)	7/15/2006 11:21:17 AM
From: Tenchusatsu	Read Replies (3) of 1572637

Z, If I understand correctly, don't we refill the reserves after we've used them? It's bad policy to use the reserves just to smooth out short-term price spikes. The problem is that you can never be sure that the rise in prices is indeed short-term or not. If it isn't, you'll be stuck refilling the reserves with higher-priced oil, as Bush was forced to do. It's even worse policy when the goal is clearly to buy votes in an election year. Imagine if Bush did it in 2004. Kerry would have wasted no time attacking it as an election year ploy. Tenchusatsu

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