YES, BUT FROM THE OBAMA ADMINISTRATION’S PERSPECTIVE, THERE’S NO GREATER EMERGENCY THAN AN ELECTION THEY MIGHT LOSE: Bloomberg Editors: Strategic Oil Reserve Is for Emergencies, Not Elections. And this explains why it’s such an emergency for them: “Gasoline prices are a tempting target for presidential intervention because so many other economic indicators are stalled or going in the wrong direction. Unemployment remains stuck at more than 8 percent, economic growth this year will probably be a dispiriting 2 percent and housing continues to be the patient that won’t get well. More discouraging news arrived Tuesday: Consumer confidence in August had the biggest decline in 10 months.”