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Re: Obama taps strategic oil to help supply, economy 

By: ribit in POPE | Recommend this post (1)
Wed, 29 Feb 12 9:58 PM | 62 view(s)
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Msg. 52298 of 65535
(This msg. is a reply to 52170 by Zimbler0)

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zimbler
...I always thought the strategic oil reserve was there in case somethin happened like the Iranians closing down the straits of hormuz. Don't believe it was created to 'help the economy'.




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Liberals are like a "Slinky". Totally useless, but somehow ya can't help but smile when you see one tumble down a flight of stairs!




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The above is a reply to the following message:
Obama taps strategic oil to help supply, economy
By: Zimbler0
in POPE
Mon, 27 Feb 12 11:34 PM
Msg. 52170 of 65535

http://thehill.com/blogs/e2-wire/e2-wire/168049-obama-to-release-oil-from-strategic-reserve-

06/23/11 07:30 PM ET

President Obama on Thursday authorized what could be the largest ever release of oil from the nation’s Strategic Petroleum Reserve.

. . . .

“Frankly, it’s pathetic that Democrats not only block domestic energy production at every turn,” House Majority Whip Kevin McCarthy (R-Calif.) said in a statement, “President Obama is now drawing down on our nation’s ‘strategic’ oil reserve which is intended for national emergencies, not as a political tool when a President is feeling heat over high gas prices.”

. . .

(Complete article is at the link above. Zim.)


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