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SHANGHAI 2,288.53 0.57%
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SPAIN 10YR 4.42 2.91%
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BRENT 102.78 0.00%

WTI/BRENT 8.63

321 CR SPR 21.96 10.04%

White House Considering Releasing Oil Reserves

By CRONKITE – Fri Aug 17, 2012 9:00am – No Comments

“The White House is “dusting off old plans” for a potential release of oil reserves to dampen rising gasoline prices and prevent high energy costs from undermining the success of Iran sanctions, a source with knowledge of the situation said on Thursday.”

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Po Pimp (3 days ago) The next time this dipshit is right about anything will probably be the first time. [...]

Mr. Cain Thaler (3 days ago) I mean, if you just keep saying "it'll be by the 3Q of this year", eventually you'll be right [...]

CRONKITE (13 days ago) I'll wager on trying to understand, but ignoring for what they believe is the greater good for now. [...]

Mr. Cain Thaler (16 days ago) Ugh, the whole premise of that was since the Fed (themselves) are buying the shit out of bonds, that somehow makes stocks cheaper / safer by [...]

CRONKITE (17 days ago) indeud! We have a right to know... [...]

Po Pimp (17 days ago) E&Y uncovers all this fraud in their survey, but how many financial statements have they refused to sign off on? Inquiring minds want t [...]

CRONKITE (19 days ago) it was a great slide show and it is a wonder we have come this far. perception is everything, but all that downward force will have to rever [...]

drummerboy (19 days ago) great article.this is what i was trying to explain to Bullish,on scott bleirs' thread the other day.this is more of a thorough explanation o [...]

CRONKITE (22 days ago) if u say so.... dare i say we go the other way [...]

Po Pimp (23 days ago) Cool. With the slack asses coming out of school now we will be at 0% unemployment in no time. [...]
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Major US	US Futures	Europe	Asia	Commodities	2yr Euro Yields	10yr Euro Yields	Oil
DOW 15,303.10 0.06% NASDAQ 3,459.14 -0.01% S&P 500 1,649.60 -0.06% VIX 13.99 -0.57%	SPX 500 (CFD) 1,651.60 0.12% DOW (CFD) 15,315.00 0.08% NASDAQ 100 2,993.40 0.08% EURUSD 1.294 0.00%	UK 6,654.34 -0.63% GERMANY 8,305.32 -0.56% FRANCE 3,956.79 -0.26% SPAIN 8,264.60 -0.95%	H. KONG 22,618.70 -0.23% JAPAN 14,568.00 0.58% KOREA 1,973.45 0.22% SHANGHAI 2,288.53 0.57%	NAT GAS 4.22 -0.96% GOLD 1,385.50 -0.45% SILVER 22.31 -0.83% COPPER 3.29 -0.17%	FRANCE 2YR 0.19 -10.90% GERMAN 2YR 0.00 -120.00% ITALIAN 2YR 2.18 27.59% SPAIN 2YR 2.81 8.21%	FRANCE 10YR 1.94 0.31% GERMAN 10YR 1.43 -0.90% ITALIAN 10YR 4.14 2.68% SPAIN 10YR 4.42 2.91%	WTI 94.15 -0.11% BRENT 102.78 0.00% WTI/BRENT 8.63 321 CR SPR 21.96 10.04%