Treasury to announce measures next week focused on combatting rising energy prices that "includes using oil futures markets"
Now, most of you will read this and not know what it means, and that's OK. You're about to learn, cause it's quite simple:
They're planning on using funds from the treasury to SHORT the oil markets. That's it. That's the whole plan. They aren't going to drill more or take any steps to increase supply. They're just going to try to drive down spot prices by shorting the market. With our money.
What's really strange is they expect this to work after telling the market that this is their plan. Apparently they aren't aware that if we know they're doing it, we'll just bull raid the shorts. And, remember, short positions have unlimited loss/risk potential.
You can't find this administration dumb enough.