Tuesday, October 27, 2015

U.S. liquidating SPR to "raise cash"

LOL!   (HT: Ryan)

Trump:  "We are led by very, very stupid people.... very, very stupid people..."


Random said...

The oil is meant to be a "buffer" for high prices/shortage.
Mint the damn coin Obama and Lew!

Ryan Harris said...

Really the saddest display of ignorance. Chinese are building about 10 million bbls of storage capacity per month to grab oil while the price is low. The US is selling to raise cash, cash that the government produces for free. I know Americans are not the sharpest tools in the shed, but this has to be a new low.

Dan Lynch said...

SPR STRATEGY: buy high and sell low ?