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  • Strategic Reserves That Go Undrilled

    11/12/2007 6:16:21 PM PST · by Kaslin · 23 replies · 34+ views
    IBD ^ | november 12, 2007
    Energy: Hillary Clinton wants to tap the U.S. petroleum stockpile to increase supply and lower the price. Brazil has found a better way — drill for more. And what about that strategic reserve her husband vetoed — ANWR?On the night last week that light sweet crude and home heating oil set records of $98.62 a barrel and $3.11 a gallon on the New York Merc, Mrs. Clinton urged the president "to release oil from the Strategic Petroleum Reserve and the Northwest Heating Oil Reserve to send a signal to the market and ease concerns about low crude oil stocks that...