Blatant Self-Serving State Intervention Roils Markets
Thursday, June 23rd, 2011Today the Department of Energy (DOE) in conjunction with the International Energy Agency decided it was going to release 30 Million barrels of oil from the Strategic Petroleum Reserve (SPR) – 1 million Barrels a day for 30 days. According to the Energy Information Administration (a sub body of the DOE), we use about 18.77 [...]
