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Politics : Don't Blame Me, I Voted For Kerry -- Ignore unavailable to you. Want to Upgrade?


To: SiouxPal who wrote (23626)5/18/2004 10:19:17 PM
From: BearcatbobRead Replies (2) | Respond to of 81568
 
SP, While the crude cost component of oil is clearly high - the availability of refining capacity/quality is also a major issue. As with most issues they are more complicated that sound byte issues.

How long before Al Queda takes out a Saudi oil production facility? That is what SPR is for.
Bob



To: SiouxPal who wrote (23626)5/19/2004 1:07:30 AM
From: American SpiritRespond to of 81568
 
Bush should release 60 million oil barrels at least as a symbolic gesture, then threaten the Saudis. But since he is in a quagmire in Iraq he has lost much of his clout with the saudis. Bush has used up all his capital on Iraq.
So we pay more. Everyone in Texas though is cheering. High oil prices mean Texas booms and the rest of us sink.



To: SiouxPal who wrote (23626)5/19/2004 6:09:10 AM
From: tontoRead Replies (1) | Respond to of 81568
 
They have made a mistake. Some should be released, while it will not do much to help us, it will at least send a message. As was pointed out, when we are 96% full, if we cannot release some of our reserves, when can we? This is a perfect time to do so, and it is political, so do it.