RE:RE:RE:RE:Oil prices tumble more than $5 a barrel as Biden weighs massNuttal A SPR release does nothing to combat the forces of the multi-year oil bull market: structural supply growth challenges + durable demand growth. It’s a bandaid for a hemorrhage. Short term blunt (still $100-ish floor?) and takes $150+ 2H’22 off the table,medium term very bullish.