In response to OPEC’s inability to come to agreement on boosting oil production, the White House indicated that it would not shy away from tapping into the Strategic Petroleum Reserve (SPR), which holds 700 million barrels of unrefined petroleum reserves in underground salt caverns, in order to smooth over oil …
As gas prices hit $4 per gallon, White House spokesman Jay Carney assured Americans on Monday that the administration is well aware of the toll high fuel costs are taking on American families. So what’s President Obama’s solution to America’s pain? According to White House chief of staff Bill Daley, …
As Americans continue to feel the effects of President Obama’s anti-oil agenda at the pump, defensive liberals are circling back to a familiar line of counter-attack: blame Bush. The media vacuum on gas prices has made this line of attack all the more promising with very little national coverage being …
On May 20th Speaker Nancy Pelosi issued a statement celebrating House passage of a bill preventing President Bush from adding oil to the Strategic Petroleum Reserve. From the statement: “As the price of oil per barrel nears $130, suspending purchases will expand oil supplies and help bring down fuel costs …
