Obama releases the Oil strategic reserves

Discussion in 'Politics, Religion, Social Issues' started by Dont Hurt Me, Jun 23, 2011.

  1. Dont Hurt Me macrumors 603

    Dont Hurt Me

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    #1
  2. Huntn macrumors G5

    Huntn

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  3. Dont Hurt Me thread starter macrumors 603

    Dont Hurt Me

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    #3
    He is trying so im pro Obama at the moment. The republicans on the other hand would like to see everything fail for their selfish goals and thats unAmerican in my view. Take Cantor for example.
     
  4. MacNut macrumors Core

    MacNut

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    #4
    This is only a stop gap measure, until we outlaw speculator trading and OPEC the oil prices will still spike.

    Didn't Bush release the reserve during Katrina?
     
  5. Grey Beard macrumors 65816

    Grey Beard

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    So it's just like pouring oil on troubled waters.:D
    KGB
     
  6. Merkava_4 macrumors 6502a

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    #6
    Take the oil off the commodities market entirely.
     
  7. Dont Hurt Me thread starter macrumors 603

    Dont Hurt Me

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    I agree, its to important to not let a bunch of greedy rich speculators drive the price up and up and up. Is being reported today at reuters that Asian nations Japan,South Korea, are doing the same thing and thats releasing their strategic oil reserves also.
     

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