financialworldmarketsmart Good site for real fundamentals and forex trade calls.
The SPR was forced to stopped the madness by the US Senate Tuesday May 13th. Wall Street energy traders and Houston friends of the family energy traders have been supported non stop by the SPR which holds nearly 1billion barrels of crude at the moment. The SPR was forced to stop buying crude until prices reach $75/barrel or 3 months has passed. This is a great achievement by the Senate and we should all be proud of them. Intelligent conservatives everywhere should be ready to kick Bush out after he said he would veto this vote if he could. The reason he cannot veto the Senate vote was because it was passed by such a large margin it's considered "veto proof".