Releasing oil stock pile will increase prices because the market will know the desperation of the situation.(A desperate person always pays top rate for a loan).One strategy is to release some stockpile in secret if this is possible.

Do we know that the ammount in the stockpile is correct or considerably less.

It maybe like the bank situation "we will never need it all "

If it is released how much will be sold before they say stop. 10%? 20%? 50% ? or more.

A temporary tax relief,energy conservation and more research on alternative fuels is needed otherwise we will have alternative lifestyles . (which after a peroid of adjustment may not be so bad)

-- kaz (oilshortages&recession@usa.real), September 21, 2000

Answers

RIGHT ON. Inverse Logic of KAZ, another Y2k clown. PRICES FELL TODAY BECAUSE CLINTON JUST MUMBLED ABOUT THE RELEASE OF ONLY 1% OF THE STRATEGIC RESERVES.

http://cnnfn.cnn.com/markets/commodities.html LIGHT CRUDE (NYM)
November 00 ($US per bbl.) 9/21 15:12 34.65 35.46/33.91 33.95 34.00 - 1.24 144875 BRENT CRUDE (IPE)
November 00 ($US per bbl.) 9/21 15:25 33.55 34.08/32.70 32.73 32.73 - 1.01 79077 HEATING OIL (NYM)
November 00 ($US per gal.) 9/21 15:11 1.01 1.01/0.99 0.997 0.999 - 0.017 39949 NATURAL GAS (NYM)
October 00 ($US per mmbtu) 9/21 15:11 5.27 5.33/5.21 5.29 5.28 - 0.031 51856 UNLEADED GAS (NYM)
November 00 ($US per gal.) 9/21 15:11 0.942 0.966/0.939 0.947 0.950 - 0.007 24574

-- Attack Pollies' Leader (LeaderMan@AttackPollies.org), September 21, 2000.

You and all the other speculators only think very short term and that is what gets you in the shit.

Think beyond 1 day 1 week 1 month.

-- kaz (oilshortages&recession@usa.real), September 22, 2000.