This is NOT the purpose for which the Strategic Reserves were created! It is nothing more than a political stunt and could actually leave us more vulnerable in case of an actual emergency! (Maybe that’s what Bambi wants!)
Without Cameron's buy in, everyone will accuse Obama of releasing the reserves to save his own skin. This way, Obama can claim a global oil catastrophe, since England is doing it, too.
It will end up raising the price of gas. They’ll have to refill next week which will increase demand.