Yesterday, Senate Majority Whip Dick Durbin (D-Ill.) said he'd be open to letting Big Oil drill on previously-protected public lands. And now this:
House Speaker Nancy Pelosi called on President Bush to release oil from the government's emergency reserve to knock down gasoline prices she says "are helping push the economy toward recession."
Pelosi, D-Calif., in a letter to Bush noted that the Strategic Petroleum Reserve has been used three times before and each time the action has served to stabilize oil markets and lower gas prices. [...]
Bush turned to the reserves when hurricanes Katrina and Rita disrupted oil supplies in 2005. A total of 21 million barrels were made available to refineries "with great effectiveness to address emergency energy needs in the crisis," according to an Energy Department inspector general's report.
Hate to be the petroleum party pooper, but am I the only one who's worried about what happens if a major hurricane hits the Gulf of Mexico this summer? If we're pushing the post-hurricane panic button now, what do we push when there's actual panic? Can our panic meter go to 11?
Comments
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WWAGD?! Posted 4:05 am
11 Jul 2008
Did It Already
Bush announced they wouldn't be buying for the Strategic Reserve months ago -- so why is Pelosi grandstanding?!
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crackerb Posted 9:00 pm
14 Jul 2008
Energy Crisis
Why don't these people just get over it? We want to reduce, get it? REDUCE... our dependency on oil...so what's the point of drilling anywhere just to give oil companies more profits?...just find alternative energies..gee..like hydrogen/propane/water/corn...who cares...just NOT OIL! ...put pressure on auto companies to build more efficient and clean cars...get over it! Stop blaming politicians and start writing them and calling them and tell them all to get over it! Let's get over being profit focused country! JUST GET OVER IT!
crackerb
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