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Old 08-04-2008
rooobosmith rooobosmith is offline
Lieutenant Governor

 
Member Since: Jun 2008
Location: So CA
Posts: 439

   
Re: Democrats Adjourn Congress, Republicans Stay and Work

Quote:
Originally Posted by AkDiesel View Post
Pelosi and the Democrats have pushed alternatives to more drilling, including pointing out that oil companies already have control of 68 million acres of federal land and need to search for oil there first. Democrats are also pushing renewable fuels and conservation, and they're calling on President Bush to release 700 million barrels of oil from the Strategic Petroleum Reserve.

She would say no to off shore drill because it would not do any thing to lower prices, but she would call on the President to release 700 million from the SPR..... what a fraken laugh... we have seen that happen before with little move in price...
When Clinton released oil from the SPR in 2000, it had an immediate effect on the speculators. Oil prices declined almost immediately, although they resumed their upward trajectory shortly thereafter
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