Michael Gracie » strategic petroleum reserve http://michaelgracie.com Clever Tagline Unavailable At Publication Time Thu, 20 Nov 2008 23:14:58 +0000 http://wordpress.org/?v=2.6 en Senate votes to halt strategic oil stockpiling http://michaelgracie.com/2008/05/13/senate-votes-to-halt-strategic-oil-stockpiling/ http://michaelgracie.com/2008/05/13/senate-votes-to-halt-strategic-oil-stockpiling/#comments Tue, 13 May 2008 18:53:35 +0000 Michael Gracie http://michaelgracie.com/2008/05/13/senate-votes-to-halt-strategic-oil-stockpiling/

At $127 per barrel, 700 million barrels is enough (according to the Senate). Note that existing reserves represent a little over a month’s supply for the US, and less than 10 days worth on the world scale.

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