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2008-09-20 Home Front Economy

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Posted by 3dc 2008-09-20 10:36|| || Front Page|| [3 views ] Top

#1 That's more like what it's for, not for buying votes by trying in vain to lower the price of gas.

Posted by bigjim-ky 2008-09-20 15:38|| 2008-09-20 15:38|| Front Page Top

#2 Finally some news that makes sense.

Posted by Anguper Hupomosing9418 2008-09-20 16:59|| 2008-09-20 16:59|| Front Page Top

#3 Strategic Petroleum Reserves are very interesting data:

(Wiki)

http://tinyurl.com/4gjwjn

Posted by Anonymoose 2008-09-20 18:10|| 2008-09-20 18:10|| Front Page Top

#4 "delivered more than 1 million barrels"
Don't give 'em a lot of credit.
Perspective: U.S. petroleum consumption is almost 21 million barrels PER DAY.
http://www.eia.doe.gov/basics/quickoil.html

Posted by Darrell 2008-09-20 18:33|| 2008-09-20 18:33|| Front Page Top

#5 Darrell, its not really meant to run the whole country, its more useful for exactly what it is being used for; a regional or temporary supply to combat a short term disruption. It would be physically impossible to draw 21 million bbl. a day from one source anyway. There is no conceivable disaster that could stop ALL domestic production and ALL imported crude deliveries. So I think its being used for exactly what it was made for. At a million bbl. a day it would last almost 3 years.

Posted by bigjim-ky 2008-09-20 18:48|| 2008-09-20 18:48|| Front Page Top

23:57 3dc
23:54 3dc
23:45 proud porkistani
23:38 Sherry
23:13 OldSpook
23:13 Frank G
23:12 Eohippus Uleter1840
23:09 General_Comment
23:07 Elminesh the Grim3043
23:06 General_Comment
23:03 Barbara Skolaut
22:54 FOTSGreg
22:53 badanov
22:49 Frank G
22:47 General_Comment
22:46 General_Comment
22:44 bigjim-ky
22:41 Oztralian
22:36 General_Comment
22:28 General_Comment
22:28 Barbara Skolaut
22:02 remoteman
21:41 bigjim-ky
21:27 Frank G