Poorly-Timed SPR Oil Release Could Cost U.S. Taxpayers $1.5 Billion

By: Stock Market News & Stocks to Watch from StraightStocks

Posted on June 26, 2011 at 18:16 PM EDT

By EconMattersWorld crude oil market has been rocked by the surprise announcement of the International Energy Agency (IEA) to release 60 million barrels of oil from member countries’ strategic petroleum reserves (SPR). The US led the effort...

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