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"Bringing a knife to a gunfight," is how oil trading veteran Mark Fisher described last summer's...

"Bringing a knife to a gunfight," is how oil trading veteran Mark Fisher described last summer's SPR release (combined with 27 other nations). The news momentarily knocked oil down to near $90/barrel. Today, $105.
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Comments (3)
  • Uncle Pie
    , contributor
    Comments (3702) | Send Message
     
    the only oil "emergency" is that we're in an election year.

     

    It's painful to hear America whining about $4 gasoline when
    other nations, from Canada to Europe, pay the equivalent of $6-$8/gallon routinely. Of course the average vehicle gas mileage in Europe is about double ours, since they don't drive SUVs, and virtually all the larger vehicles are diesel.
    15 Mar 2012, 12:33 PM Reply Like
  • montanamark
    , contributor
    Comments (1452) | Send Message
     
    chu and obama are "winning"; their goal of matching europe's prices is in sight
    15 Mar 2012, 12:56 PM Reply Like
  • 2PP
    , contributor
    Comments (352) | Send Message
     
    Watch me pull a rabbit out of my hat...................... don't really watch, just believe me when I tell where it came from.
    Obama is absolutely lost and doesn't have a clue which way to turn. Schumer wants the Saudi's to drill there and drill now.

     

    Let's try drill here, drill now.
    15 Mar 2012, 01:37 PM Reply Like
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