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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
Posted by notiger1997
Metairie
Member since May 2009
58342 posts
Posted on 4/17/24 at 11:56 am to
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 by Longhorn Actual
Member since Dec 2023
968 posts
Posted on 4/17/24 at 11:59 am to
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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