Senators swiftly counter plan to beef up Strategic Petroleum Reserve

In an attempt to counter record fuel prices, a bill introduced in the Senate seeks to limit the amount of oil diverted to the U.S. Strategic Petroleum Reserve. This isn't the first time limiting contributions to the reserve has been suggested. In fact, Jim Johnston, president of the Owner-Operator Independent Drivers Association, encouraged doing just that in a Jan. 30 letter to President Bush.

More...
 

Latest posts

Top