Posted on 07/09/2008 4:51:47 AM PDT by NCDragon
House Speaker Nancy Pelosi asked President Bush on Tuesday to draw down a portion of the country's Strategic Petroleum Reserve as a way to reduce crude prices and help motorists who are suffering from the rising cost of gasoline.
The House Republican leadership responded to Pelosi's proposal by noting that she was supporting a supply increase — something the Republicans have rallied behind in the form of increased offshore drilling, which the Democrats oppose.
Pelosi's proposal, contained in a letter to President Bush, comes as Americans continue to face average unleaded gas prices over $4 a gallon. The increases have followed a surge in the price of crude oil on world markets, though crude eased $5 on Tuesday to close at $136 a barrel for the day.
"The severe energy price crisis facing millions of Americans compels strong presidential action to assist consumers and strengthen the economy," Pelosi said in her letter, which asked Bush to "draw down a small portion" of the country's oil reserve.
(Excerpt) Read more at foxnews.com ...
Nan must be feeling some real heat out in San Francisco to even be suggesting this.
Pelosi is an idiot also....DRILL and REFINE OUR OWN OIL, Nancy pants!!!Do they think we are ALL STUPID out here???
Oil from the strategic reserves will help, but oil from ANWAR and off our coasts won’t?
This tells you everything you need to know about Democrats and their interest in the welfare of the United States and its citizens.
The 9% approval rating fits, Nanc.
“”The severe energy price crisis facing millions of Americans compels strong presidential action to assist consumers and strengthen the economy,” Pelosi said”
Translation: We’re not going to do anything and let Bush handle it/take the blame for it.
Somebody needs to tell stretch that SPR does not stand for Systematic Price Reductions
What an idiot that broad is, its a STRATEGIC RESERVE for crying out loud, NOT a democratic image booster.
Another Congressional band-aid solution for a problem that requires major surgery.
Congress still is not acting to create long-term solutions.
They are using the same scripts they did 10 years ago, 20 years ago, 30 years ago, 40 years ago. And we still don’t have a real solution.
DRILL!
The SPR is in case there is a major cutoff in oil supplies, like if the Iranians block the Straits of Hormutz. If we drain the SPR now, we'll be walking when a real crisis hits.
But I thought supply wasn’t the reason for high oil prices, Nancy pants!
Hey San Fran Nan, if you are wondering why your congress has a 9% approval rating, you are opposing the very thing that almost 75% of Americans want - drilling HERE. Good for Americans, bad for democrats - Bad for Americans, good for democrats.
How right you are. I guess this is the plan that Bellapelosi was talking about last November.
Maybe Do Nothing Nancy can start wearing an Oil Ribbon too.
If you like $5/gal, Thank Congress.
Pray for W and Our Troops
it’s such a shame that more than fifty percent of the population votes for these oily, adolescent, psychotic thugs.
seems as if the electorate has taken to worshipping cancerous tumors, giving they warmth and hoping they’ll grow and multiply.
President Bush should sign an executive order declaring ANWAR as our de-facto Strategic Petroleum Reserve and then begin drilling immediately.
Well, THAT should cover her private jet.
Unless and until we prove them wrong, yes.
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