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re: Powell: Fed can maintain higher rates for "as long as needed"

Posted on 4/17/24 at 11:59 am to
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!
Posted by OU Guy
Member since Feb 2022
9174 posts
Posted on 4/17/24 at 12:14 pm to
Shot:

*Walter Bloomberg
@DeItaone

SENIOR WHITE HOUSE ADVISOR: US COULD RELEASE MORE SPR OIL TO KEEP GAS PRICES LOW


Chaser:

US Oil & Gas Association
@US_OGA

Let's just start calling it the:

"Strategic Political Reserve"

With emergency releases only for politicians with low polling numbers who are up for reelection.

Not going to be seeing a refill anytime soon. Late-stage Republic-type stuff going on in DC now....
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