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Oil reserves
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What are global strategic petroleum reserves and why are they important?
What are global strategic petroleum reserves and why are they important?
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gwynraven
5/19/09
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What are global strategic petroleum reserves and why are they important?
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Timmeh
5/19/09
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Global strategic petroleum reserves are the stockpiles of crude oil held by governments and private industry as insurance against an energy crisis.
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swartzy
5/19/09
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However, in the case of a sudden drop in oil production, these reserves are expected to last only a few months.
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