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Pelosi Asks Bush to Draw From Petroleum Reserve to Combat Surge in Oil Prices
Public Policy; Political and Legal News

House Speaker Nancy Pelosi asked President Bush on Tuesday to draw down a portion of the country's Strategic Petroleum Reserve as a way to reduce crude prices and help motorists who are suffering from the rising cost of gasoline.

The House Republican leadership responded to Pelosi's proposal by noting that she was supporting a supply increase — something the Republicans have rallied behind in the form of increased offshore drilling, which the Democrats oppose.

Fox News

Posted on Tuesday, July 08 @ 20:33:32 PDT by coyote
 
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