• Space/Science
  • GeekSpeak
  • Mysteries of
    the Multiverse
  • Science Fiction
  • The Comestible Zone
  • Off-Topic
  • Community
  • Flame
  • CurrentEvents

Recent posts

The destruction of Goddard is illegal RL October 31, 2025 9:41 am (Space/Science)

Weighing the scales on Elon Musk BuckGalaxy October 30, 2025 9:28 pm (Flame)

Bunker Envy ? podrock October 30, 2025 6:18 pm (CurrentEvents)

Message in a bottle BuckGalaxy October 29, 2025 10:55 am (Off-Topic)

According to some, we're a nation of illiterate dependents looking for a handout RobVG October 27, 2025 8:56 pm (CurrentEvents)

The 1% RobVG October 27, 2025 10:54 am (Off-Topic)

Parting Shot ER October 27, 2025 4:36 am (Off-Topic)

Space X put on notice RobVG October 20, 2025 4:55 pm (Space/Science)

There is no bottom to this barrel... RL October 19, 2025 5:40 pm (CurrentEvents)

John Wheeler's philosophy: "Beyond the Black Hole" RL October 16, 2025 10:00 pm (Space/Science)

Brosz baffled, Bondi busts Bolton ER October 16, 2025 2:08 pm (CurrentEvents)

Home » CurrentEvents

U.S., Britain to agree emergency oil stocks release March 15, 2012 9:07 am TB

Here.

Not a good idea with the Middle East what it is right now. The function of the reserve is to replace supplies that have been shut off, not to bring gasoline prices down to a more “electable” level.

Another factor: the current value of the oil in the reserves is three times what was paid for it. It will have to be refilled at current prices.

  • I am in total agreement with you on this issue, and for the same reasons you are. Of course, I'm not ... by ER 2012-03-15 11:11:51

    Search

    The Control Panel

    • Log in
    • Register