No wonder David Cameron and Barack Obama were being so chummy: they both knew that they could help each other. The Times carries an intriguing story (£) on its front page this morning, about how the two men discussed a plan to get fuel prices down in the UK and the US. The idea is that both countries — and perhaps more — would release some of their oil reserves. And so supply would go up, and prices would come down. As would our reliance on the oil-rich countries of the Middle East.
Apparently, we’re some distance from a deal yet, but you can see why both the PM and the President would want one to be struck — and soon. Fuel prices have a history of causing heartache for politicians, even to the point where they might dent
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