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Senate wants Bush to stop filling oil reserve



  3. merasyad
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According to NY Times, "The Senate demanded almost unanimously on Tuesday that Bush halt the shipment of oil to the country’s strategic petroleum reserve as long as oil prices remain high."

“Sticking oil underground is wrong at this point in time,” Senator Byron Dorgan, Democrat of North Dakota, said as he urged approval of a measure offered by Senator Harry Reid of Nevada, the Democratic majority leader.

The Senate voted, 97 to 1, to tell Bush to halt the shipments to the strategic reserve, the supply of just over 700 million barrels that is stored in salt caverns along the Gulf Coast. The reserve is meant to protect the United States against a disastrous sudden cutoff of oil supplies, like the Arab embargo of the 1970s.

In related news, oil has reached $127 a barrel.

when is the madness going to stop?
merasyad

3 responses // Senate wants Bush to stop filling oil reserve

  • Take the saudi's arms shipments away. We've been sucking on the collective throbbing cock of OPEC for too long anyway.
    tatnik
  • Dorgan is a good fella, but his state (mine too) has lots and lots of oil to exploit as well. Not suggesting any thing dirty, i'm just saying.

    holy shit, there's a wikipedia page for it.

    http://en.wikipedia.org/wiki/Bakken_Formation
    chet_arthur
  • also seems like a more legit plan than some bullshit tax holiday.
    chet_arthur

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