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Gold/Mining/Energy : Big Dog's Boom Boom Room -- Ignore unavailable to you. Want to Upgrade?

To: ChanceIs who wrote (146354)3/6/2011 3:47:42 PM
From: MIRU  Read Replies (1) | Respond to of 206200
 
I have read that one of the storage salt caverns used by SPR is at risk of failure and much of the oil there has to be moved. Maybe the administration would have had to get rid of this oil anyway. They sure can't put it in Cushing.



To: ChanceIs who wrote (146354)3/6/2011 4:32:57 PM
From: CommanderCricket1 Recommendation  Read Replies (1) | Respond to of 206200
 
"The Philippines, citing events in the Middle East, announced on Wednesday that it would require oil companies in the country to maintain 15 days of reserves, and refineries to keep enough oil to last for 30 days."

That's what happened with food inventories in 2008.

Going to be an interesting week.


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