Its starting, and the media is still quiet., page 2
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reply posted on 2-9-2005 @ 11:52 PM by eaglewingz
Between the strategic reserve, emergency reserves from other countries, and resumption of Gulf production, any shortage will be temporary.

from article
Oil prices fell close to $2 a barrel on Friday as Europe and Canada prepared to tap emergency stockpiles to relieve an energy crisis threatening the United States.

As the crisis deepened on Friday, the West's energy watchdog the International Energy Agency announced it members would release two million barrels per day (bpd) of oil over a 30-day period to help ease an oil supply crunch.

Non-U.S. refiners, mainly in Europe, will provide about half the volume, with the remainder coming from oil in U.S.

Some regional pipelines also started pumping supplies around the country and power was restored to a number of plants.


Edit : Can't spel wurth a likk




[edit on 9/2/2005 by eaglewingz]
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