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"Whether pump prices impact the presidential election remains to be seen. But the Obama administration appears to be concerned. A senior administration official told The Associated Press Friday that the U.S. is considering a release of oil from the country's strategic reserves. It will monitor gas prices to see whether they fall before making a decision".
So... Is releasing some of the petroleum reserves a solution or did we just waste another four years because there is no "immediate effect" when initiating exploration and drilling.
http://xfinity.comcast.net/articles/finance/20120820/Oil.Prices/
So... Is releasing some of the petroleum reserves a solution or did we just waste another four years because there is no "immediate effect" when initiating exploration and drilling.
http://xfinity.comcast.net/articles/finance/20120820/Oil.Prices/