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To: thackney

We have not, under Bush, used the SPR to affect prices. I can't say much about the Clinton years.

Now, what the Chinese do with their SPR I don't know. Rumors of Chinese manipulation of commodity prices have continued unabated for a few years.

What do you hear in the industry?


33 posted on 01/16/2007 9:54:35 AM PST by texas booster (Join FreeRepublic's Folding@Home team (Team # 36120))
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To: texas booster
Now, what the Chinese do with their SPR I don't know. Rumors of Chinese manipulation of commodity prices have continued unabated for a few years.

Since China has just started building their SPR a year or so ago, those rumors are only rumors. Also it is very small in size.

47 posted on 01/16/2007 2:32:18 PM PST by thackney (life is fragile, handle with prayer)
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