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Strategic Petroleum Reserve Releases Will Provide Little Relief to Rising Retail Gasoline Prices

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- Written by Matthew Jurecky, GlobalData's Global Director of Energy Research and Consulting.

The White House has considered drawing from the Strategic Petroleum Reserve (SPR) for the second time in 2012.  Withdrawals from the SPR were first considered to counter the impact of the oil embargo on Iran earlier this year.  Rising gasoline prices affecting a recovering economy are now the primary concern, while the potential impact of Hurricane Isaac on domestic energy infrastructure has been added to this list of worries.

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