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Old 05-19-2004, 03:05 PM   #35
Mmmm, Burger (C.J.)
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Join Date: Mar 2003
Location: Pop goes the chupacabra
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No Release of Oil Reserves

Quote:
Originally posted by sgtclub
http://news.yahoo.com/news?tmpl=stor...1507&printer=1

Not sure on whether I agree with this, but I think I do.
Any release would be outrageous. What part of "strategic" don't the dems understand? There is nothing to suggest that prices reflect a temporary shock. Demand for oil is high; production of oil is flat. Release from teh SPR will, at best, temporarily reduce those prices, only to see them bounce up again when the SPR is depleted (or we stop discharging from it). At that point, we'll be in a worse position to respond to a genuine shock, such as a blown up suez canal or something.

I love the Democratic position on gas prices:

"What are you doing Mr. president to keep gas prices low for working americans?"

Uh, trying to bring more domestic production into play, but being stymied by Democratic objections? Thanks, JFK. I know it's not your fault--you don't own any SUVs after all.
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