<VV> reserve oil

[Ron]

What good would the crude do since the main problem seems to be the shut 
down refineries?
RonH

----- Original Message ----- 
From: "Mike Kost" <vairmike at sbcglobal.net>
To: <virtualvairs at corvair.org>
Sent: Thursday, September 01, 2005 10:48 AM
Subject: Re: <VV> reserve oil


> From what I heard it would be a loan which would be paid back in oil at 
> market price.
>
> Mike Kost
>
> Ed Connolly wrote:
>
>>Does anyone know how the price of oil to be released from the national
>>reserves will be set?  Is it possible that oil purchased at $28/bbl will 
>>be
>>sold at $28.01/bbl to be refined into gasoline we will buy at $4/gal for 
>>our
>>Corvairs?
>>
>>
>>Ed Connolly
>>
>
>
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