Posts Tagged ‘International Energy Agency (IEA)’

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    More Oil Dilemmas

    Jun 27, 11 • 208 Views • Behavioral Economics, Businesses, Demand, Supply, and Markets, Developing Economies, Economic Debates, Environment, International Trade and FinanceNo Comments

    The recent International Energy Agency (IEA) announcement is about a lot more than a tank of gas. Everyday, for 30 days, 2 million barrels of oil will be released from strategic petroleum reserves (SPRs). The U.S. will be responsible for half of the 60