>ayatollah obama wrote:
>> On May 17, 12:08 am, retrogro...@[EMAIL PROTECTED]
wrote:
>>> On Fri, 16 May 2008 22:27:23 -0400, Joe <s...@[EMAIL PROTECTED]
> wrote:
>>>> BikeFan wrote:
>>>>> Bush went cap in hand to his masters in Israel and then tried
>>>>> to strongarm the Saudis to pump more oil. Oddly, they refused.
>>>>> http://www.cnn.com/2008/POLITICS/05/16/bush.saudi.arabia/index.html
>>>>> I guess he's more scared of what the Federal Reserve can do to the
US
>>>>> than Saudi.
>>>> wrong again, but I'm sure u r used to that. saudi's increase oil
>>>> 300,000 barrels a day thanks to the greatest president in history.
>>> How did Bill CLinton get them to do that? ;->
>>>
>>> 300,000 barrels a day? LOL. That's so far below mere tokenism you
>>> can't even see it from there.
>>>
>>> Wow, OPEC pumps 31.87 million barrels per day and they upped
>>> production 300,000 barrels? LOL.
>>>
>>> A .001% increase? LOL.
>>
>> And the piglosi led congress, that passed the *feel-good* legislation
>> to stop putting oil into the SPR.... Bush has added 21Mbbls since
>> Katrina (The SPR is now back to the pre-Katrina level), that's an
>> average of 20Kbbls per day.
>>
>> And the *feel-good* legislation is just that
LOL.
" One way to ease price is to increase supply. One immediate way we
can signal to people we're serious about increasing supply is to stop
making purchases or deposits to the Strategic Petroleum Reserve for a
short period of time.
"I've directed the Department of Energy to defer filling the reserve
this summer. Our Strategic Reserve is sufficiently large enough to
guard against any major supply disruption over the next few months. So
by deferring deposits until the fall, we'll leave a little more oil on
the market. Every little bit helps. "
Who said this? It was April 25, 2006
http://www.whitehouse.gov/news/releases/2006/04/20060425.html
LOL.
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