29.02.2012 - Chu says U.S. considers oil reserve amid Iran ‘concern’
The Obama administration is considering the option of tapping the Strategic Petroleum Reserve amid concerns that Iran will interrupt oil supplies and push gasoline prices higher, Energy Secretary Steven Chu said. “We’re very concerned about what’s happening in Iran, and so we’re working with” the International Energy Agency, Chu told reporters today after a congressional hearing in Washington...............................................Full Article: Source
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