Exclusive: White House studying potential oil reserve release
(Reuters) - The White House is "dusting off old plans" for a potential release of oil reserves to dampen rising gasoline prices and prevent high energy costs from undermining sanctions against Iran, a source with knowledge of the situation said on Thursday.
Jeff Mason
WASHINGTON
Fri Aug 17, 2012 4:50am EDT
link-
http://www.reuters.com/article/2012/08/17/us-usa-oil-reserves-idUSBRE87F13T20120817