[Hostage]

It was reported or misreported that the drill site and oil find would be made part of the strategic petroleum reserve.

That could mean it will be locked up. I would speculate that the environmentalists that control Obama will want it locked up.

[thackney]

The Strategic Petroleum Reserve does not include any production fields.

It is only salt dome storage of oil that has already been produced and processed to remove water, gas, etc.

[Steely Tom]

It was reported or misreported that the drill site and oil find would be made part of the strategic petroleum reserve.

From last month:

U.S. surprises oil market with sale from strategic reserve

[ridesthemiles]

The Elk Hills Reserve in California was part of the ‘strategic reserve’ & Clinton sold it to Occidental Oil- and then Gore bought Occidential Oil control when Armmand Hammer died.

Connect the dots.