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Politics : Formerly About Advanced Micro Devices

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From: bentway8/23/2012 1:43:41 PM
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Strategic Oil Reserve Likely to Be Tapped as Gas Prices Rise: Stephen Schork

The White House is reportedly considering tapping the SPR, but hasn't made any final decisions. It last considered such a move in the spring when crude oil prices were nearing $110 a barrel but scrapped the idea when prices fell. Crude oil prices are now near $97 a barrel--their highest level since May--and continue to climb with gasoline following.
news.yahoo.com
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