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Page added on August 26, 2004

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WSJ: US may be preparing to use the Strategic Petroleum Reserves

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From Petroleumworld:

“The U.S. may be preparing to tap the Strategic Petroleum Reserve, according to a story of the Wall Street Journal on Wednesday. The story got rumors going through the oil market that the Administration of President George W. Bush, concerned about the political and economic ramifications of high oil prices, is considering releasing oil from the SPR.”
http://www.petroleumworld.com/storyT1970.htm



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