The geniuses in our government decided to release oil from the strategic reserve to drive oil prices down.
That oil is for emergencies--real emergencies--it shouldn't be used as a tool to alter prices.
Today's high oil prices ensure more exploration and drilling activity which will help keep future prices in check. Speculators guess that shortages loom in the near future. That's why they bet oil will go up.
The day will come when we need that oil. Really need that oil. As in, our lives will depend upon it.
Dumb ass motherfuckers.