11. Much of the crude oil from the petroleum reserve will go into the production of more gasoline and diesel fuel. 12. Oil companies have chosen to secure projects in Azerbaijan to help offset declining U.S. petroleum reserves. 13. The Bush administration has indicated it would not follow suit to tap the petroleum reserves if prices spike again this summer. 14. The strategic petroleum reserve, which has never been completely filled, is occasionally raided to take care of temporary supply-and-demand gasoline price hikes. 15. Ultrasound machines work much like the sonar that the Navy uses to track submarines or oil companies use to find petroleum reserves under the ocean. 16. Various federal assets like oil from the strategic petroleum reserve would be sold to raise money. 17. With America on the verge of a major oil disruption and another Mideast war, the real purpose of the strategic petroleum reserves should be clear to everyone. 18. And U.S. Rep. James Saxton, R-Mount Holly, asked U.S. Secretary of Energy Bill Richardson on Thursday to release petroleum reserves, but was rebuffed. 19. British Gas plans to widen its exploration in southwestern Pakistan where preliminary research revealed vast potential for petroleum reserves, companies officials said Sunday. 20. But by hoarding its petroleum reserves, Iraq ranks second in the world. |