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A Francois Hollande-led France will not be part of a U.S./U.K. plan to release strategic oil...

  • Thursday, April 19, 2012, 12:49 PM ET
    A Francois Hollande-led France will not be part of a U.S./U.K. plan to release strategic oil reserves, according to his energy adviser. "This could potentially be dangerous," he says. "Strategic stocks are here in case of a major supply crisis."
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This news story has 4 comments:

  •  
    At least someone has some brains.
    19 Apr 2012, 12:54 PM Reply Like
  •  
    so much for at least bluffing the prices lower. Remember they don't have to actually do it. The threat is usually enough to scare off speculators.

    Sometimes the market needs to be reminded that plenty of supply exists.
    19 Apr 2012, 12:56 PM Reply Like
  •  
    Perhaps there is a small ray of hope.
    19 Apr 2012, 12:56 PM Reply Like
  •  
    Isn't playing with the strategic reserve speculation? Speculation that the market does not have the right price?
    19 Apr 2012, 03:34 PM Reply Like
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