DIGI: Secy. Ernest Moniz - Former Energy Secretary under President Obama
Bloomberg Television·2026-03-14 16:15
Let me start there. How surprised are you that with the release of as much oil from the US and these other nations around the world, there hasn't been a diminishment in the price of oil as a result. Well, it's certainly true that previous releases from The Sparrow have had a larger impact.Even when the releases were smaller. For example, I remember back in 2000 we had a so-called swap using using the petroleum reserve. It was only 30 million barrels and the the price of oil dropped about 15% quite, quite qu ...