Strategic Petroleum Reserve to be Renamed “The Hope and Change Re-Election PAC”

    You heard it here first. The International Energy Agency, a body whose membership parallels the G-20 and which is dominated by members of the EU, announced that it may consider releasing more oil from “its stockpile” (1.6 billion barrels, nearly half of that in the U.S. Strategic Petroleum Reserve) at the end of the current 30-day, 2 million barrels per day period. Repeat of IEA | Read More »