Stop Trading: Obama Mulls Tapping the Strategic Reserve

From Reuters:

(Reuters) – President Barack Obama and British Prime Minister David Cameron discussed the possibility of releasing emergency oil reserves during a meeting on Wednesday, two sources familiar with the talks said, the first sign that Obama is starting to test global support for an effort to knock back near-record fuel prices. Obama raised the issue during a broad bilateral meeting at the White House, according to a UK official with knowledge of the discussion.

Source:

Exclusive: Obama, UK’s Cameron discussed tapping oil reserves: sources (Reuters)

 

 

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