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  • Wednesday, August 31, 2005

    US may need to rely on European oil stockpiles

    In the wake of the devastation caused by hurricane Katrina, it seems likely that the US may have to rely on european oil stockpiles, according to this article, from Forbes.

    Europe will need to send some of its strategic emergency stockpiles of crude to the US if refinery damage caused by Hurricane Katrina proves severe, said International Energy Agency executive director Claude Mandil.
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