Quote:
Originally Posted by Kwas
I swear. Just the mere mention of drilling for oil in Alaska or the Gulf will cause the price to drop. Just watch....or not, since nobody's going to propose anything like that. Makes too much sense.
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one threat that would absolutely send fear through the oil market would be if the gov't said they were going to release some of the light sweet crude they have in the SPR. its like when a gov't uses currency reserves to prop up their currency. all it takes is a little, and the market will know its an option and it will keep the market honest.