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

To: jttmab who wrote (185660)	4/26/2006 9:12:14 AM
From: Keith Feral	Read Replies (1) \| Respond to of 281500

I think the major disruption is that there is not enough refining capacity. At least that is what the industry is blaming on the higher price of oil. The problems with ethanol may have further led to supply disruptions. I have no problem with Bush micromanaging the spr. Some action is better than no action, even if it's the wrong action.

To: jttmab who wrote (185660)	4/26/2006 9:36:15 AM
From: Hawkmoon	Read Replies (1) \| Respond to of 281500

Interesting article posted by John Koplik. I suggest everyone read it. And then think about how this will affect the US stock market. Message 22365294 The last time U.S. inventories were at today's levels, in 1998, the market was about to crash. By the end of 1998, prices fell below $11 a barrel from an average $18.32 in December 1997. Btw, this BS that Bush is going to take military action against Iran is just that.. BS. We're at least a year away from reaching that level of reaction. We still have the UNSC process and procedures to go through. Hawk