Oil to be released from Reserves

[True Federalist (진정한 연방 주의자)]

Yep. Good move.

Bad move.  It isn't going to do much economically, and it will look like a desperate effort to be seen as doing something, largely because that is exactly what it is.  I haven't seen anything this boneheaded politically in Presidential politics since McCain suspended his campaign briefly to do absolutely nothing about the CDO crisis.

[True Federalist (진정한 연방 주의자)]

Spot oil prices are already back to where they were before this release, proving that this was a 60 million barrel PR stunt for desperate politicians around the world.  A release shortly after the Libyan Civil War started might have made some sense. But this was political pandering of the worst type since it won't even have any effects politically.