Quote:
Originally Posted by kenny
I can't see that.
The US would be flooding the market with strategic reserves crashing the markets before that happens.
Either that or extreme nationalisation in the name of national security.
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LOL.
The US can't do shit about energy prices. They got us by the balls.
We have 2% of the reserves but use 25% of the worlds oil.
And as for the Strategic Petroleum Reserve, it only holds 727 million barrels of oil and we import a net of 12 million barrels of oil a day or a 58 day supply.
So we are not in a position to flood anything.