@gbraad

I think that's whole point -- to dump the oil when the price is high, then fill it back up again if necessary when the price comes back down again. Sell high, buy low.

>"The U.S. now has the lowest amount of oil in our emergency stockpile since 1985."

Yeah, and the price of gas recently hasn't been this high since... forever. So dumping a million barrels a day onto the market makes total sense.

Also, this was a coordinated release with countries all over the world doing the same thing.