Daily Archives: Wednesday, June 29, 2011

President Obama Releases Oil from the Strategic Petroleum Reserve: Why?

Posted on Wednesday, June 29, 2011 by Sean Patrick Hazlett

Last week, President Obama ordered the release of 30 million barrels of crude oil from America’s Strategic Petroleum Reserve (SPR) in concert with a broader International Energy Agency (IEA) effort to release 60 million barrels. This action was only the third … Continue reading →

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Posted in Business, Central Asia, Clean Energy, Clean Tech, Defense, Energy Security, Finance and Economics, International Security, Middle East, Peak Oil, Policy, Politics, Predictions | Tagged Peak oil, President Obama, Saudi Arabia, Strategic Petroleum Reserve | 9 Comments

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