Daily Archives: Wednesday, June 29, 2011

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

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 , , , | 9 Comments