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


To: flint who wrote (38061)8/15/2002 9:49:13 PM
From: Elsewhere  Respond to of 281500
 
So why buy 6 million in one week?

I mentioned the strategic reserve to put the supply decline into perspective. Another perspective is that daily OPEC production is 23.3 million barrels. Yet another one: the reduction of 9.5 million barrels relates to total US oil inventories of 295.6 million barrels, so it was a -3% move.