Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: arthurus

It would not work. The oil markets know that releasing oil from the strategic oil reserve is temporary and not sustained and they are not going to drop the oil price in any significant way because of this.


31 posted on 03/17/2012 10:17:17 AM PDT by jveritas (God bless our brave troops)
[ Post Reply | Private Reply | To 25 | View Replies ]


To: jveritas

It doesn’t have to work well. A massive release will drop the price enough that the population will feel relief far in excess of reality and will credit the kenyan with it. The tiny release last year accomplished that much. It was only temporary but, hey, it only has to last until the day after the election. Last years release was surely a test run.


50 posted on 03/17/2012 3:30:00 PM PDT by arthurus (Read Hazlitt's "Economics In One Lesson.")
[ Post Reply | Private Reply | To 31 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson