SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : Formerly About Advanced Micro Devices

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Tenchusatsu who wrote (294924)7/15/2006 12:49:16 PM
From: SilentZ  Read Replies (2) of 1572637
 
>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.

I never said I approved of the behavior; I don't.

But you said the reserves would be empty today, and that's not true.

-Z
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext