US Energy Secretary Wright says there could be another release from the strategic petroleum reserve, but thinks that is highly unlikely, via CNBC TV
Importance
Level 1
- There are things the US can do on refinery efficiencies to help knock down fuel prices.
- Looking at more levels we can pull to deal with the price of oil.
- Has some ideas to bring more diesel to the market, and I think we will see that happen.
- Does not want to block exports of US oil.
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