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Old September 2nd 05, 02:15 AM
john smith
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Mike Rapoport wrote:
If the SPR oil goes to refineries in the midwest (where the supply of crude
is unaffected) how will that really help? I agree that announcing the
availiiblity of SPR oil has some marginal calming effect on the markets in
the immediate term, but it is not going to affect the supply of gasoline in
any meaningful way.


Any thoughts as to how the SPR oil will be allocated?
Auction?