Oil Shoots Up $2 After Announcing the Release of The Strategic Oil Reserve CRONKITE Fri Mar 16, 2012 2:22pm EST 7 Comments So much for political scare tactics….. If you enjoy the content at iBankCoin, please follow us on Twitter 2012-03-16 CRONKITE Share Facebook Twitter LinkedIn
NICE! ROFLMAO
(laughter) did the omnipotent market finally figure out that the SPR is full of oil that can’t be substituted for what oil consumers actually want?
Or is this quadruple witching run amok, with all of those groups who were betting on $120 oil forced to contend with their naked, written puts?
the latter
I agree. I think we’re seeing the same thing in the euro today.
true…
happy green beer day !
You know, that or a full blown Iran/Israel war.
hope not