>>http://www.ft.com/cms/s/0/dbf5f648-9d9c-11e0-9a70-00144feabdc0.html#axzz1QBwVse86
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>>Snippet:
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>>This is only the third time in the history of the IEA – set up in 1974 as a counterbalance to Opec after the Arab oil crisis – that there has been a release. The move has been triggered by western concerns about the impact of high crude prices on the economic recovery.
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>I don't understand this move & I'm not buying what the punditry has been saying.
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>- Politically it doesn't make sense because it's way too far out from the election to gain any benefit.


You obviously haven't heard his polling numbers are "Rolling and Tumbling". He's attempting to stop the bleeding.