Barry and his Czar Chu are doing precisely as they both clearly promised: $9 a Fallon EuroSocialist price for gas.
The Strategic Oil Reserves is for an national emergency only.There is enough oil their for 34 days(taking into account consumption levels)in an emergency
Aw, Jeez (you know the rest).
This only is for a national emergency only.This equates to 34 days of oil at current daily US consumption levels of 21 million barrels per day (taking into account o6resent consumption levels). There was an “Arab Spring” last year of 30 million barrels non-emergency sale to offset disruptions caused by political upheaval in Libya and elsewhere in the Middle East.
Newt rocks the proverbial casbah!
Forcing Obama on the defensive regarding the price of gas is a check-mate issue.
Either Obama does nothing and proves Newt’s case about him wanting high priced gas, or he does SOMETHING and proves Newt’s case that it’s in his power to do so.
Tapping the strategic petroleum reserve is no answer, even in the short term, and denies us the reserve needed were there a cutoff (or reduction) in Middle East sources, a distinct possibility. But all the Obamanites want is the appearance that 0bummer is doing something about gas prices.
The SPR is still short, all the oil they used LAST TIME to try to bring down prices.
DRILL. HERE. NOW.
The SPR is not for political use.
This decision should calm the markets, lower prices and provide some relief for Americans whose wallets are already strained by record prices at the pump, he said.
Didn't work, did it, Reid?
When do I start laughing? The stated goal of the Obama admin is to raise gas prices. We are now looking at the possibility of $5 pg gas across the country for the summer. Why are Dems shocked? A great many of them have been demanding higher gas prices to force the country into electic cars or bicycles. The Dem ignorati are bewildered as usual. When Bush was president, high gas prices were blamed on “Bush and his oil buddies.” Can we blame the current rise on Obama and oil buddies? (smirk)