Oil to be released from Reserves (user search)
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  Oil to be released from Reserves (search mode)
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Author Topic: Oil to be released from Reserves  (Read 1150 times)
Lulz
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Posts: 43


« on: June 30, 2011, 02:15:25 AM »

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Does anyone expect this to do anything besides an initial (temporary) drop?  Saudi's are counter-balancing lost supply, so what will this achieve other than a short-term price drop? 

It'll screw speculators.

Anyway it will have a million times more of an impact than that absurd "Drill baby drill" nonsense we were subjected to last election cycle.  I'm so happy be aren't being barraged by that garbage again this year.

Well I guess we are getting the "we have a spending problem not a revenue problem" bologna this time around.  At least that statement is half right.  We have a spending problem AND a revenue problem.
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