Thursday, May 20, 2004

Why is OIL being added to the Strategic Petroleum Reserve????

http://www

http://www.nationalreview.com/script/printpage.asp?ref=/nrof_leuffer/leuffer.asp

 

Since last April, following the allied invasion of Iraq, the SPR fill rate has averaged over 1 million barrels a week, or about 1 percent of U.S. crude oil demand.

 

At the current pace, the fill would need to go on for about another year to reach the 700-million-barrel target.

 

The question is -

WHY IS OIL BEING ADDED TO THE STRATEGIC PETROLEUM RESERVE?

 

Ken

Tuesday, May 18, 2004

OPEC is being blamed
but the Oil Company Profits are at an ALL TIME high.
Exxon/Mobil made 90% more last month.
 
Why is THAT not being reported?