Former Goldman Sachs Head of Commodities Research Dismisses Proposals Such as "U.S. Suspension of Federal Gasoline Tax"
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"This doesn't solve any problems. The only way to resolve this crisis is to increase the supply of 'physical molecules', meaning the supply of actual oil," he explained. Although the release of the US Strategic Petroleum Reserve provides some degree of cushioning, Curry stated that the market pricing mechanism indicates the fundamental physical shortage remains exceptionally severe.
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