[Art|ocs|oekaki] [A!MG] [Cats] [Cityscapes] [Comics] [FF] [Gainax] [Ghibli] [Haruhi] [Miko] [Music] [Nevada] [News] [Tabletop]
[iiichan] - [iichan|discuss|error] [4chan] [Overchan] [2chan]
[Burichan] [Futaba] [Gurochan] [Photon] - [Home] [Manage]

[Return]
Posting mode: Reply
Leave these fields empty (spam trap):
Name
Link
Subject
Comment
File
Password (for post and file deletion)
  • Supported file types are: GIF, JPG, PNG
  • Maximum file size allowed is 51200 KB.
  • Images greater than 200x200 pixels will be thumbnailed.
  • For the posting and discussion of world events and other strange things.

File: 1210687573683.gif -(6119 B, 230x150) Thumbnail displayed, click image for full size.
6119 No.6517  

"Amid daily bipartisan sniping over high gas prices, Democrats and Republicans appear to agree on at least one thing: With oil over $120 a barrel, President Bush ought to stop buying crude for the government emergency reserve.

Both the House and Senate are expected to approve, with bipartisan support, legislation Tuesday directing Bush to temporarily halt the shipment of about 70,000 barrels of oil a day to the Strategic Petroleum Reserve.

Bush has refused to do so, arguing that this small amount of oil won't impact prices and that for security reasons he wants to increase the stockpile to its full capacity of 726 million barrels. It now has about 701 million barrels, equal to nearly two months of oil imports.

Lawmakers' search for a response to high gasoline and oil prices comes as Bush is preparing later this week to travel to Saudi Arabia where he is expected to try to convince the Saudis to increase oil production. So far, Saudi Arabia and other OPEC countries have refused to do so, arguing the high price of oil stems from other factors than a shortage of supply."

http://news.yahoo.com/s/ap/20080513/ap_on_go_co/congress_energy



Delete Post []
Password