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Old 05-20-2004, 09:24 AM   #194
ltl/fb
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No Release of Oil Reserves

Quote:
Originally posted by Mmmm, Burger (C.J.)
Yes "free." We forgo royalty revenues instead of paying.

We're at 660m barrels. Capacity is 700m barrels.

More here
OK.

Club, when you get in, please resolve the 1 billion versus 700 million issue. 40 million below where we want to be is a lot less than 340 million below where we want to be.

I would think it would be nice to get some royalties in to, you know, help pay for like that war-type thing (or whatever we are calling it right now). At least for a while. If we are only 40 million away from where we want to be instead of 340 million, then that seems doable.
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