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re: Powell: Fed can maintain higher rates for "as long as needed"
Posted on 4/17/24 at 11:56 am to hubertcumberdale
Posted on 4/17/24 at 11:56 am to hubertcumberdale
quote:
correct me if i am wrong but the SPR is a crude oil reserve and does not contain refined products
You are correct.
And we are nowhere near a situation where drawing down any of the SPR oil is something we need to be doing.
Posted on 4/17/24 at 11:59 am to notiger1997
quote:
And we are nowhere near a situation where drawing down any of the SPR oil is something we need to be doing.
Sir, we have an election to influence. Anything to get those votes!
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