Take That Putin: US To Release 5 Million Barrels From Strategic Petroleum Reserve In “Test”
by Tyler Durden
ZeroHedge.com
03/12/2014
WTI crude prices are faling rapidly as Reuters reports that the US is set to ‘unleash’ its Strategic Petroelum Reserves in a “test-sale”…
*U.S. TO RELEASE CRUDE FROM STRATEGIC PETROLEUM RESERVE: REUTERS
Of course, this is a direct aim at Putin’s pocket-book as his stumbling economy needs high prices to sustain itself. However, the 5 million barrell release is less than a third of the US daily consumption rate (though does sound some alarms we are sure).
The Rest…HERE
