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Politics : Foreign Affairs Discussion Group -- Ignore unavailable to you. Want to Upgrade?


To: flint who wrote (38049)8/15/2002 8:48:17 PM
From: Elsewhere  Read Replies (2) | Respond to of 281500
 
Oil reserves were supposed to drop by 3 million barrels. Instead they dropped by over 9 million barrels in one week.

The Strategic Petroleum Reserve comprises about 570 million barrels.
howstuffworks.com
Clinton had ordered to release 30 million barrels. 9 million barrels are just a third of that or a 2% increase of the reserve.



To: flint who wrote (38049)8/16/2002 8:08:24 AM
From: Rascal  Read Replies (1) | Respond to of 281500
 
"When Bloomberg first reported the 9 million barrel dropped in petroleum they put two and two together and said the US government must have bought the difference. Since then they modified their story to say the economic reports must be wrong."

Thanks for the insight on oil. I recall learning somewhere that all wars are economic.

I have also wondered how many of the gov'ts. numbers are correct. The people running the government like a bidness think that "in accounting things are not always black and white."