Tuesday, June 10, 2008

3 Ways To Reduce Oil Prices Immediately

McClatchy story.

Basically the 3 ways are:

1. Order end to speculation in oil commodities trading;
2. Open the Strategic Petroleum Reserve during the summer months;
3. Boost the US Dollar by raising Federal Reserve interest rates.

The story notes that none of the 3 methods is likely to be acted upon.

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