[thackney]

Releasing the high priced reserves and replacing them with low priced reserves is not bad for the tax payer, it is terrible for the oil companies.

???

If they sell oil they bought at $100 at $80, then buy oil to replace it at $80, what did that do?

[molson209]

If they sell oil they bought at $100 at $80, then buy oil to replace it at $80, what did that do?

Who said anything about replacing it

[Eva]

It lowered the price of oil further.

[Enterprise]

Understanding how Democrats think: Buy oil at 110 dollars a barrel and put it in the strategic reserve. Sell oil at 80 dollars a barrel to lower gas prices ahead of an election. Wait until oil goes back to 110 dollars a barrel to replenish the strategic reserve. See? So simple! (I also am not buying the idea that a huge amount of oil has suddenly been released)