Blog > Archive by tag 'strategic petroleum reserve'
"Gustav rolled right down the center of the alley. By rights, it should have been a strike. Gustav had the aim. Gustav followed the right track. But Gustav didn’t knock down any pins. Gustav went over, under, around and through some of the most densely packed drilling infrastructure on the planet. And Gustav caused very [...]
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“Now, Congress has voted to stop adding oil to the national Strategic Petroleum Reserve (which was created in the 1970s to smooth out pricing disruptions and supply problems). Talk about missing the point!” — Keith Fitz-Gerald
by Keith Fitz-Gerald, Money Morning
Baltimore – (TFN): First there was the trillion-dollar pork fest [...]