Re: Realistic approaches to high fuel costs !

Posted by MF on May 21, 2004 at 19:51:01 from (68.135.134.8):

In Reply to: Realistic approaches to high fuel costs ! posted by Alberta Mike on May 21, 2004 at 18:03:42:

Good points, Mike. Here's a question we won't see an answer to for a while. WHY are we(the U.S.) buying oil to place in the ground in old salt mines in LA when oil is at the highest price in years? Do you wait to buy diesel or gas until it's at the highest price ever seen? I DO understand the need for the National Strategic Oil Reserve. But, I DO NOT see the need to build it up to the highest level EVER when the price is so high. This doesn't make economic sense at all. It places an undue burden on oil futures and supply at a time when we don't need it! No, I don't 'blame' the Prez entirely but it "looks mighty suspicious" to me. This is the wrong time to build up our reserves, Buy low- sell high should be the idea. This country needs a "revolution" of economics, NOW!!!

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• Re: Re: Realistic approaches to high fuel costs ! Kelvin 20:19:17 05/21/04 (0)

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