Another suggestion, to release some oil from the strategic reserve, would bring a temporary benefit at best.
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President Bush yesterday announced some small steps like suspending purchases for the strategic reserve and encouraging the purchase of hybrid cars.
Somehow, though, they overlooked the Strategic Reserve led by a certain Maj.
Most analysts thought the Strategic Reserve was on the cusp of release.
Under this policy, a strategic reserve equivalent to approximately 10-to-12 years of demand would be adequate in the unlikely event Israel were forced to make such a shift.
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Djadja Suparman, former head of the army strategic reserve (Kostrad).
The Department of Health also holds a strategic reserve of about 400, 000 doses as an "insurance policy" in case there are problems with supply and manufacturers have no vaccine supplies available to order.
The requirement to perform two such operations in an overlapping time frame, while maintaining other critical deployment and retain a strategic reserve would strain a force of this size and character, perhaps to the breaking point.
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The bad news is that, after the regular allowances are auctioned off and then after the strategic reserve is auctioned off (explained here) the hard ceiling is maintained by providing unlimited new allowances.
Although the instinct to husband the resource is understandable given past and recent geopolitical volatility, foregoing significant exports is both unnecessary and ultimately would undermine the very energy security objectives sought by advocates of a large strategic reserve.
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"I have said and, in fact, supported a congressional resolution that said we should suspend putting more oil into the strategic oil reserve, but the strategic oil reserve I think has to be reserved for a genuine emergency, " he said on July 7.
Rather than highlighting the inherent contradiction to American voters between applying pressure on Iran and maintaining cheap prices at the pumps, Obama has cleverly used the G8 to normalise the strategic reserve as rational (and indeed logical) option to use whenever he wants to cool benhmark prices.
The Strategic Petroleum Reserve was authorized in 1975 and began receiving crude oil in 1977.
Of this amount 30 million barrels will be released from the U.S. Strategic Petroleum Reserve.
There are reports that the administration is considering releasing oil from the Strategic Petroleum Reserve.
That was the kind of long-term disaster that the Strategic Petroleum Reserve is built for.
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Adding fuel to the fire, the U.S. reportedly has no plans to tap its Strategic Petroleum Reserve.
These include the uninterrupted supply of foreign uranium fuel and help in building up a strategic fuel reserve.
Last month, overwhelming support from Capitol Hill caused the administration to stop filling the nation's Strategic Petroleum Reserve.
Department of Energy is approving loans from the Strategic Petroleum Reserve to limit disruptions in crude supplies for refineries.
Yet another idea, to release some oil from America's Strategic Petroleum Reserve, would doubtless help to bring prices down briefly.
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The "get Bush" crowd advocates releasing oil from the strategic petroleum reserve in order to bring market prices back down.
The U.S. will release 30 million barrels of light sweet crude from its Strategic Petroleum Reserve over next 30 days.
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He said he will suspend some environmental rules and may tap into the Strategic Petroleum Reserve to help cover shortages.
When is the President -- or what conversations have been happening right now about tapping into the Strategic Oil Reserve?
And second, does it lessen the chances of a triggering of the withdrawal of oil from the Strategic Petroleum Reserve?
For example, the U.S. Strategic Petroleum Reserve has the ability to supply total U.S. oil import needs for approximately 80 days.
Tapping into the Strategic Petroleum Reserve to help offset rising oil prices is another way to keep prices stable, albeit short term.
The U.S. Strategic Petroleum Reserve can meet 100 days of U.S. imports.
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