Another stunning stimulus success

In other governmental meddling news, TheDC's Neil Munro reports: "The White House decision to sell 30 million barrels of oil from the Strategic Petroleum Reserve has failed to stop the upward march of oil prices, or to stimulate the economy. Prices for crude oil and gasoline dipped on the June 23 announcement, but have subsequently risen because expanding economies in Asia and South America are bidding up the market price, according to oil industry analysts. President Barack Obama's sale 'did not make a damn bit of difference,' said Dan Kish, vice president for policy at the Institute for Energy Research. Eight days after the announcement, 'the price of oil was higher than it was the day he announced' the release of oil from the reserve, Kish said." If you didn't know better, you'd start to think Obama has no idea what he's doing. Fortunately, you know better. Right?

http://dailycaller.com/2011/07/07/oil-stimulus-drains-away/