Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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.

Pastimes : Clown-Free Zone... sorry, no clowns allowed -- Ignore unavailable to you. Want to Upgrade?

To: patron_anejo_por_favor who wrote (17732)	9/12/2000 6:12:27 PM
From: pater tenebrarum	Respond to of 436258

you have properly identified the strategic reasons for drawing on the strategic reserve. since no energy policy exists, i'd say things are now in the hands of a higher power....cold winter=oil above $40...

To: patron_anejo_por_favor who wrote (17732)	9/12/2000 7:40:22 PM
From: Terry Whitman	Read Replies (2) \| Respond to of 436258

Timer's Weekly Flash- "Clinton says he can time the oil market" >Under the administration's crude oil ``swap'' option, the government would loan oil from the reserve to energy companies, who would then sell it on the open market and increase supplies. The firms would replace the loaned oil at a later date with more barrels of crude after prices fell.< dailynews.yahoo.com So the government would basically be 'shorting' the oil market. hohoho. They better get commodities expert 'Billary' to help with the timing. LOL Reminds me of the Indiana tax abatement on gasoline this summer. They've extended it once already. My crystal ball says they'll do it again september 15 when the current term is up. They had their chance to cover this summer and they blew it. Governments' timing sux. <ng>