US to tap into the Strategic Petroleum Reserve (SPR)

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#1 Sat, Jun 18, 2011 - 5:38pm
speconomist
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US to tap into the Strategic Petroleum Reserve (SPR)

Hi guys, 

just found a couple of videos at Max Keiser's site about the possibility that the US may tap into the Strategic Petroleum Reserve (SPR). Max talks in the videos with Michael Krieger. Hope you enjoy what they say:

https://maxkeiser.com/2011/06/18/on-the-edge-with-michael-krieger/

Edited by: speconomist on Nov 8, 2014 - 5:18am
Sun, Jun 19, 2011 - 8:43pm
Sockeye
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I am not sure that is much

I am not sure that is much of a solution. We will then need to replace the oil at higher prices.

I am almost always wrong. But the fun in life is those few times when I am right.
Mon, Jun 20, 2011 - 5:42am
speconomist
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  Precisely, in my opinion

Precisely, in my opinion that shows the level of desperation currently.

Mike MALOney hater. Gingers DON'T have souls!
Thu, Jun 30, 2011 - 9:31pm
couchguitarist
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crude

Hey guys been lurking on this for a while now first post. I'd like to do a small investment around 1K in oil for a quick turnaround month or so. Its gone up 5 bucks already since the fiasco suicide dump. Anything under 100 is a bargain in my book. Any ideas? Thanks.

randomness