Govt. Plans to Divert Oil Into Reserve

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Newsvine

• November 08, 2007
• 

  Govt. Plans to Divert Oil Into Reserve

  Posted: November 8th, 2007, 11:55pm

  Energy Secretary Samuel Bodman on Thursday defended plans to divert oil into the federal emergency reserve, although he acknowledged that tight supplies likely are one reason for surging crude oil prices.