DrumBeat: April 21, 2008

Source: http://feeds.feedburner.com/~r/theoildrum/~3/27469...

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Energy Secretary does not favor tapping SPR

CAMERON, Louisiana (Reuters) - Energy Secretary Sam Bodman on Monday said he did not favor releasing the nation’s strategic oil reserves to help bring down record high crude prices.
"You could affect things for a week or a month but you’re then in a very sticky wicket," Bodman told Reuters on the sidelines of an LNG event when asked about tapping the reserve.
Bodman added he had pushed oil cartel OPEC as far as ...
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