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Tag Archives: Strategic Pretroleum Reserves

Playing With The Strategic Petroleum Reserve

EconoSpeak: Playing With The Strategic Petroleum Reserve, Barkley Rosser Over the last month crude oil prices have noticeably declined from in the neighborhood of $85-86 per barrel to $78-80 per barrel. But there has been only a very small decline in retail gasoline prices, and the headlines even as of yesterday was all about “sharply rising gas prices.”  So, Pres. Biden has moved to release a record amount of oil from the Strategic Petroleum...

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