June 25, 2011

The Strategic Oil Reserve

From FOX News comes this dose of reality from Wyoming Senator John Barrasso who serves as a member of both the Energy and Environment Committees:
Obama's Release of Oil Reserves Just Makes Our Energy Problems Worse, Not Better
When President Obama said that America hopes to be Brazil�s best energy customer, Americans shook their head in confusion.

Apparently, the White House didn�t understand or care about their concern.

The administration repeated the exact same mistake this week when it irresponsibly released 30 million barrels of oil from our Strategic Petroleum Reserve (SPR).

On Thursday, Secretary of Energy Steven Chu explained that this SPR release was �intended to complement the production increases recently announced by a number of major oil producing countries. � He went on to say that �the United States welcomes those commitments and encourages other countries to follow suit.�

With all due respect, when will America step up and follow suit?

Instead of needlessly tapping into our emergency oil supplies and encouraging other countries to produce more energy, this administration needs to take a hard look in the mirror.

The president has handcuffed American energy developers and made our dependence on foreign energy worse.
What he said -- truth to power... Posted by DaveH at June 25, 2011 5:34 PM
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