Senate votes 97-1 to halt oil reserve shipments Posted: 2 months ago by 2manyusernames
The Senate voted Tuesday to temporarily halt the shipment of thousands of barrels of oil a day into the government's emergency reserve. Both Democrats and Republicans said such shipments make no sense when oil is costing more than $120 a barrel.
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Posted: 2 months ago by coldbladed:
Use those shipments to subsidize oil used to heat homes in middle to lower income neighborhoods instead. Then you might have a government program that really does some good.
On second though, nah, someone would figure out a way to dip into that honey pot and screw people over.
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Posted: 2 months ago by TraumaMamma:
It's only 70,000 barrels a day. What is the point? A drop in the proverbial oil bucket. It ain't gonna lower much!
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Posted: 2 months ago by Maven:
Worse, it's going to motivate people to drive the same or more.
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Posted: 2 months ago by hmtksteve:
Let me get this straight...
Diverting 70K barrels a day will effect a change in the price of oil but pumping a million barrels a day out of ANWR or off the Florida coast will not?
Score: [-] 62 [+].
Posted: 2 months ago by cheeselog1234:
Hey!
The Saudis gotta eat too!
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Posted: 2 months ago by vexingmodstwo:
« hmtksteve : Let me get this straight...
Diverting 70K barrels a day will effect a change in the price of oil but pumping a million barrels a day out of ANWR or off the Florida coast will not? Gotta love it, no?
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Posted: 2 months ago by bunnysutra:
The one NO vote was from here in colorado. I saw on the news this morning why --
He said it was because it was tied to the price of gas. That if the cost per barrel went down to 75 or below, they would start buying again. Which, in his reasoning was not a solution to anything...that it was a 10th of a percent that wouldn't make any sense anyway.
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