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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: Tenchusatsu who wrote (1366298)7/11/2022 6:47:17 PM
From: Brumar891 Recommendation

Recommended By
pocotrader

  Read Replies (1) | Respond to of 1578293
 
Nothing.


What does Hunter have to do with using the SPR to lower global oil prices?

When SPR releases petroleum, its sold on the market to whomever submits bids. I assume the piddling amount sold to Sinopec was bought that way.

We also sent SPR oil to Italy and France recently. Of course, those sales were made to Phillips and Total.

But global oil prices were reduced by all those sales.