Obama Aide Refutes Report On SPR Release

Tyler Durden's picture

We thought it was getting stupid one post ago. Not sure what to call this then:

  • REPORT OF AGREEMENT ON OIL RELEASE INACCURATE - OBAMA AIDE

But not false? At least the report of a mass aggregation of US naval assets off the coast of Iran is still 100% spot on. For those who wonder what just happened, it is called a "headline market test" - since Crude dropped less than $2 on the report of the release, the final action, which would be very politically unpopular, may just not be worth it for Barry.