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Old 07-12-2012, 12:19 PM   #3614
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Quote:
Originally Posted by chasedude View Post
I don't see how The Prez can have any influence at all. Oil's a commodity that's controlled by speculators, the markets, OPEC etc. I know he could use some executive power to release the reserve but isn't that about his limits?
Yes, releasing from the SPR and/or maybe a nice war are one of the few things POTUS can do to influence crude pricing. Also, of course, is really going after our own reserves.
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