No Release of Oil Reserves
 

Are you saying that the president has the authority to release oil from the reserves, but it is illegal for him to cause a cessation of buying?

Interesting, if true.

No Release of Oil Reserves
 

Seems to me that would be a good idea, if the price spike is caused by demand to stop or reduce our buying in the short term, thought that should be weighed against our goal to stock pile 1 billion barrels in the next few years. I understand that we are currently at about 650 million or so.

No Release of Oil Reserves
 

Short term yes, long term no. The political benifit is cosmetic - the president is feeling your pain and doing something about it.

Andrew Sullivan, about to jump ship
 

I guess the Rs are the new Untouchables. "I have become what I have beheld and I am content that I have done right."

Andrew Sullivan, about to jump ship
 

My guess is that if Bush wins in November, you will see a more conservative fiscal agenda the next 4 years. If Bush loses, you will also see a more conservative fiscal agenda the next 4 years.

a new thread!
 

First time I've seen anyone lose an argument here by comparing themselves to Hitler.

BTW - Your sources suck!

S_A_M

Andrew Sullivan, about to jump ship
 

Can you summarize the Establishment Clause next, Oliver Wendell?

Andrew Sullivan, about to jump ship
 

Why? Cuts in military spending?

No Release of Oil Reserves
 

It depends on the timing. Clinton did this at the end of Sept of 2000. It dropped the price right before the Nov 2000 presidential election in which his VP Gore was the Dem nominee. I wonder how much bigger of a loss it would have been for Gore had Clinton not timed that release so perfectly.

Do you see now why GWB is a saint for showing restraint on this issue?


Again, if you watched Fox News, you wouldn't need me to cite this for you. Yawn.

Clinton released the reserves at the end of Sept. 2000 (Hi Al Gore!) . By early November 2000, right before the Nov election (Hi Al Gore!), the prices at the pump had dropped some. I believe it takes about 40 days to see a drop at the pump. Clinton began the release of the strategic reserves on September 22, 2000. Add about 40 days to that and what do you get? BINGO!!! The November 2000 election.

http://www.bizjournals.com/sanjose/s...3/daily23.html

Andrew Sullivan, about to jump ship
 

You would have prefered I respond to bilmore's "you lose" post by saying, "no, I win"? I refused to pitch my posts to the GOP IQ.

No Release of Oil Reserves
 

Club's cite pointed out that the wholesale price rebounded within days. You have posted something suggesting that retail prices were lower 40 days later. What you posted doesn't remotely suggest that the lower gas prices in early November had anything to do with the release from the strategic reserve.

I hope FOX News doesn't run stories this stupid. It snowed on the East Coast later that winter, but that wasn't caused by Clinton's action either.

double post

No Release of Oil Reserves
 

No. I am saying that I don't know if there is a provision allowing him (or her) to stop buying.

Andrew Sullivan, about to jump ship
 

That you have misplaced priorities.

S_A_M

Andrew Sullivan, about to jump ship
 

Do you really think that Bush will work to rein in Congressional spending if there's no reelection campaign hanging over his head? He's having trouble keeping this highway bill under his self-imposed cap and (as Ty has already admonished me) that belt-tightening is just for show. Cripes, these days we can't even build a decent-priced antimissile laser we don't need.

btw, this EJ Dionne column makes an interesting argument that the Bush deficits actually paint Kerry into a difficult corner. I don't agree with the way Dionne takes an oversimplified it's-one-or-the-other approach to choosing between deficit reduction and "popular programs" (whatever they are these days) but anyway it seemed appropriate to this discussion...