During a meeting between President Barack Obama and British Prime Minister David Cameron on Wednesday, the two world leaders discussed the idea of releasing emergency oil reserves, Reuters reports.
It is now being reported that the two have come to an agreement over the release of strategic oil stocks.
“A formal request from the United States to the UK to join forces in a release of oil from government-controlled reserves is expected ‘shortly’ following a meeting on Wednesday in Washington between President Barack Obama and Prime Minister David Cameron, who discussed the issue,” Reuters reports.
However, Reuters notes that tapping the SPR could “antagonize allies in Europe, several of whom remain unhappy over last year’s action and are unlikely to back another release,” according to the report.
CONTINUED: http://www.theblaze.com/stories/obama-cameron-talk-releasing-oil-reserves/
Strategic oil reserves are supposed to be for real emergencies, not so Obama can win political points and cover up his disasterous energy policies!
~Lynn
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