Senator Hillary Clinton proposes that the US stop filling the Strategic Petroleum Reserve (SPR) in order to lower oil prices, what will this do to the world's oil price?What is the likely impact on world oil prices if Hillary Clinton proposes that the US stop filling the SPR?
It will lower oil prices immediately for a short term, because, US government have a lot of oil out of public hand.
I think Bill Clinton once employed the same tactic, and the oil price dropped immediate to the then normal prices.
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