Obama to bring gas prices down before the election. US to pay through the teeth replacing cheap oil with expensive oil. Is Cameron up for re-election, too?
Remember how his last oil release brought down prices? NOT!
Exclusive: U.S., Britain set to agree on emergency oil stocks release
(Reuters) - Britain is poised to cooperate with the United States on a release of strategic oil stocks that is expected within months, two British sources said, in a bid to prevent fuel prices choking economic growth in a U.S. election year.
A formal request from the United States to the UK to join forces in a release of oil from government-controlled reserves is expected "shortly" following a meeting on Wednesday in Washington between President Barack Obama and Prime Minister David Cameron, who discussed the issue, one source said.
http://www.reuters.com/article/2012/03/16/us-oil-reserves-idUSBRE82E0UM20120316