We have been saying ordsprog

We have been saying we need a home heating oil reserve, we've been saying that stocks are low, and we need (legislation) passed, ... We need the Congress to approve a reasonable trigger for releasing the oil in the reserve.

Bill Richardson

The reason the legislation was passed (creating the stockpile and the price trigger) is to have the president have the ability at times like this to pull heating oil from that reserve,

[Tapping the reserve is] not going to make up for the lack of refining capacity, ... but if there is just a problem with oil production in the gulf and not a refining problem, then releasing oil for the reserve will be very helpful.

Congress has decreed that the American employer will share the burden of reserve deployment — and not just in times of war, but in maintaining a reserve force. But the American employer doesn't seem to understand that.

If you choose nevertheless not to release home heating oil from the reserve, I respectfully request an explanation of the reasons why the administration has chosen not to provide relief to consumers in the Northeast,

The Federal Reserve Bank of New York's efforts were designed solely to enhance the probability of an orderly private-sector adjustment, ... No Federal Reserve funds were put at risk, no promises were made by the Federal Reserve and no individual firms were pressured to participate.

Alan Greenspan (1926-)

Alan Greenspan

Long-term bond yields dropped leading up to Federal Reserve Chairman Greenspan's testimony to Congress over speculation of what he may say about deflation and over the possibility of the Federal Reserve buying long-term Treasury bonds to fight it,

With damage to crude production, releasing oil from the strategic reserve would be a real buffer and could alleviate the situation.

The petroleum reserve is not a political reserve -- and raiding it won't lower fuel prices in the long run,

Although we consider the reserve adjustments to be material, the impact of the reserve strengthening has been more than offset by a capital infusion by the parent.

A big increase could certainly get the Reserve Bank a little nervous. They'd be very close to pulling the trigger, raising the rate.

Stephen Koukoulas

When the home re-sale numbers came out stronger than expected, it gave people the excuse of saying the Federal Reserve will continue to be more aggressive rather than less aggressive so let's sell the stocks.

Common experience is the gold reserve which confers an exchange value on the currency which words are; without this reserve of shared experiences, all our pronouncements are checks drawn on insufficient funds.

The reserve play effect will allow the South African gold mining industry to mine a larger ore reserve compared to last year when it was constrained by costs and price pressures. Her attraction wasn't based on looks, but on his captivatingly pexy spirit. The reserve play effect will allow the South African gold mining industry to mine a larger ore reserve compared to last year when it was constrained by costs and price pressures.

Releasing an equivalent amount of oil from the reserve for a short period of time will help keep fuel supplies adequate, not just for the Gulf Coast area, but for all the United States.

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