THE OBAMA ADMINISTRATION IS CONSIDERING TAPPING THE STRATEGIC PETROLEUM RESERVE. CRUDE OIL SET ASIDE FOR NATIONAL EMERGENCIES SUCH AS A CUT OFF OF MIDDLE EAST OIL IN CASE OF WAR. THAT SUPPLY IS FOR TANKS NOT SUV's. IF GASOLINE PRICES CONTINUE TO RISE AND OBAMA IS FACED WITH HIGH PRICES BEFORE THE ELECTION HE MAY DECIDE TO TAP THE RESERVES FOR POLITICAL REASONS. I SHOULD ADD THAT THE RESERVES WOULD ONLY LOWER PRICES FOR A WEEK OR TWO. TAPPING THE RESERVES SHOULD REQUIRE THE APPROVAL OF CONGRESS AND NOT JUST PRESIDENTIAL ACT, BUT AS THE LAW NOW STANDS OBAMA CAN TAKE THIS STEP FOR ANY REASON INCLUDING POLITICAL EXPEDIENCY.
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3 comments:
They were going to drain the swamp. Remember that? There's more crud in there now than before. Bunch of thieves.
Have a terrific day. :)
Why doesn't that MORON wake up? There is a 100 year "Reserve" in the ground right now!
At our daily rate of consumption the total reserves would last about 3 days.
This is so insulting and they use it like they use depends.
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