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The SPR is a hedge. Strange the Pres. has been releasing it to China. https://www.hawley.senate.gov/hawley-calls-investigation-bidens-release-emergency-oil-res
by landemva 4y ago
The SPR is a hedge. Strange the Pres. has been releasing it to China.
https://www.hawley.senate.gov/hawley-calls-investigation-bidens-release-emergency-oil-reserves-china-foreign-competitors https://www.hawley.senate.gov/hawley-calls-investigation-bid...
- tsol 4y ago>"Crude and fuel prices would likely be higher if (the SPR releases) hadn't happened, but at the same time, it isn't really having the effect that was assumed," said Matt Smith, lead oil analyst at Kpler. https://www.reuters.com/business/energy/oil-us-reserves-head-overseas-gasoline-prices-stay-high-2022-07-05/ https://www.reuters.com/business/energy/oil-us-reserves-head...