Democrat Barack Obama would take an active role in U.S. oil markets as president, tackling concerns about the dominance of large oil companies and eyeing the Strategic Petroleum Reserve as a potential weapon to combat high prices, his top energy adviser said.
In contrast to the article, in which the Strategic Petroleum Reserve is taken for granted as a national necessity, I seem to have read, a long time ago, that it is not only yet another tremendously costly White Elephant of government, but also fundamentally ill-conceived as the world market for oil is hedge enough.
The article, however, provides a good start for understanding the oil issue better - and, of course, Obama's ominous "more-of-the-sameness".
