[GreenKeys] Re: OT: Gas Prices

[Don Robert House]

Perhaps I do not know how to read this information....  If it is full  
why do we need more?

Strategic Petroleum Reserve Inventory for August 18 , 2005

Current Inventory

Sweet 285.2 million bbls
Sour 414.9 million bbls
Total 700.1 million bbls

Royalty-in-Kind to be Delivered   0.7 million bbls

Note:  Royalty-In-Kind deliveries are currently scheduled to extend  
through August 2005.

Delivery Schedule as of:
August 15, 2005

Year 2005
Month July
Scheduled (MB) 2412

Year 2005
Month Aug
Scheduled (MB) 2045


On 19 Aug 2005, at 2:30 PM, Richard M. Gillingham wrote:

If you look here:

http://www.fe.doe.gov/programs/reserves/index.html

you will find that our present inventory is at its top capacity of  
700 million barrels.

The fact we haven't built new/additional refining facilities anywhere  
in this country in over 30 years is probably as much reason as any  
other .

Plus, futures go up every time anything, good or bad, occurs in the  
Arabian Gulf region.


Gil, W1RG