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Senate approves end to oil reserve shipments
Public Policy; Political and Legal NewsWASHINGTON (AP) -- The Senate is directing President Bush to temporarily halt the shipment of thousands of barrels of oil a day to the government's emergency reserve.

Both Democrats and Republicans said such shipments make no sense when oil is costing more than $120 a barrel and could better be used to add supplies to a tight market and possibly lower prices. Senators voted 97-1 Tuesday to suspend the shipments until the end of the year.


Bush has said the 70,000 barrels of oil being diverted to the Strategic Petroleum Reserve is such a small amount that it does not affect energy markets. Many senators disagreed.

© AP

Posted on Tuesday, May 13 @ 13:28:50 PDT by Leanan
 
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ARE We Out of Gas Yet?

 
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"Login" | Login/Create an Account | 2 comments | Search Discussion
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Re: Senate approves end to oil reserve shipments (Score: 1)
by basil_hayden on Tuesday, May 13 @ 13:38:25 PDT
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These stupid morons never learn, do they?



Re: Senate approves end to oil reserve shipments (Score: 1)
by Clouseau2 on Tuesday, May 13 @ 14:14:20 PDT
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Everything George Bush touches turns to shit, with the exception of the oil going into the SPR.  He's making a good return on oil going in there -- wow 97% of the Senate is clueless.  Who was the one Senator who has a clue?



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