Middle East Economic Survey

VOL. XLVII

No 26

28-June-2004

How The Use Of The US SPR Could Help Alleviate Oil Market Problems

The following comment on an idea relating to the possible employment of the US Strategic Petroleum Reserve as a tool for moderating crude oil price spikes was written by MEES Editor Emeritus Ian Seymour.

With Iraqi oil exports having once again experienced serious disruption as a result of major sabotage actions against export pipelines serving the southern...