vortex-l  

Re: [Vo]:Oil price elasticity: Cutting through the fog

Harry Veeder
Thu, 24 Apr 2008 17:29:42 -0700

On 24/4/2008 5:21 PM, Robin van Spaandonk wrote:

> In reply to  Stephen A. Lawrence's message of Thu, 24 Apr 2008 17:48:21 -0400:
> Hi,
> [snip]
>> The conclusion was that it was caused by the DOE pumping high grade
>> crude into the strategic reserve!  Apparently their "buy" rate is high
> 
> Which would make perfect sense if they were planning on hitting Iran.
> [snip]
> Regards,

or simply to enrich themselves.

harry