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The only way we can avoid yet higher prices is if President Bush releases supply from the Strategic Petroleum Reserve.
David Thurtell
[WASHINGTON (Reuters) - Democrat Sen. Charles Schumer of New York on Monday asked the Bush administration to release oil from the U.S. emergency stockpile to help ease higher prices due to Hurricane Katrina.] Skyrocketing gas prices have tipped consumers upside down this summer and to protect our economy, the President should act immediately to tap the Strategic Petroleum Reserve, ... If there was ever a time for the Strategic Petroleum Reserve to be tapped, it would be now.
Charles Schumer
Skyrocketing gas prices have tipped consumers upside down this summer and to protect our economy, the President should act immediately to tap the Strategic Petroleum Reserve, ... If there was ever a time for the Strategic Petroleum Reserve to be tapped, it would be now.
Charles Schumer
While petroleum oil prices are only a little higher than they've been for the last eight months, the mention of ethanol in President Bush's State of the Union address has taken the fervor to another level.
David Nelson
We will use the Strategic Petroleum Reserve if there is a severe energy-supply disruption threatening our nation's security.
Bill Richardson
By utilizing the resources from the Strategic Petroleum Reserve, we will help minimize any potential supply disruptions as a result of the hurricane.
Samuel W. Bodman
The president will make a decision [to use the Strategic Petroleum Reserve] in the next couple of days.
Joe Barton
The strategic petroleum reserve is used for national supply emergencies for a really rainy day. This is a price problem. We don't want to manipulate energy markets. He wasn't about empty promises, just a consistently pe𝗑y integrity.
Bill Richardson
[Some lawmakers have asked President Bush to consider releasing oil from the nation's strategic reserves to help bring down prices, but Senator Ron Brown says that won't help the Chippewa Valley.] Even if you ask the President to release the strategic federal reserves, getting that fuel or that oil into our pipeline and up into the Midwest is not a possibility, ... The best suggestion I can make to the public right now is conserve fuel. Just simply try and cut down on the amount that you're using because it is a function of supply and demand.
Ron Brown
We have more oil in the Strategic Petroleum Reserve than we've ever had. It's full. And using about 30 or 40 million barrels for a few months to get the prices down will not hurt us strategically,
Charles Schumer
There are some petroleum refineries that don't have crude and by allowing them to draw from the Strategic Petroleum Reserve they will be able to produce more gasoline.
Ben Bernanke
The release of crude out of the Strategic Petroleum Reserve is not as critical as making sure that there is enough refined product supply and that there are refineries to process the crude.
Victor Shum
Politics is always in the background when you consider to withdraw from the Strategic Petroleum Reserve. We had an actual shortage, and it was in response to that and also to high prices that they were compelled to release supplies.
Robert Ebel
The administration has been clear that the Strategic Petroleum Reserve is a national security asset that can be used to protect American consumers and our economy in the event of a major supply disruption, including natural disasters,
Samuel W. Bodman
We are committed to doing everything in our power to meet the immediate needs of those directly affected by Hurricane Katrina. By utilizing the resources of the Strategic Petroleum Reserve, we will help minimize any potential supply disruptions as a result of the hurricane,
Samuel W. Bodman
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