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WSJ: US may be preparing to use the Strategic Petroleum Reserves

Guest writes: From Petroleumworld:

"The U.S. may be preparing to tap the Strategic Petroleum Reserve, according to a story of the Wall Street Journal on Wednesday. The story got rumors going through the oil market that the Administration of President George W. Bush, concerned about the political and economic ramifications of high oil prices, is considering releasing oil from the SPR."

http://www.petroleumworld.com/storyT1970.htm

Posted on Thursday, August 26 @ 10:20:10 PDT by aaron

Most read story about Public Policy; Political and Legal News:
ARE We Out of Gas Yet?

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Re: WSJ: US may be preparing to use the Strategic Petroleum Reserves (Score: 1)
by BabyPeanut on Thursday, August 26 @ 19:33:47 PDT
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I never thought I'd agree with Cheney but I think he's right about only using the SPR during a critical emergency.

Re: WSJ: US may be preparing to use the Strategic Petroleum Reserves (Score: 1)
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