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Tapping the Oil Reserve Is Bad Policy
Rep. Jim Sensenbrenner, Politico
Congress created the Strategic Petroleum Reserve in 1975 to respond to “severe energy supply interruptions.” The president is authorized to tap into it if an emergency of significant scope and duration threatens to cause a price increase that is likely to have a major adverse impact on the national economy. . .
Congress created the Strategic Petroleum Reserve in 1975 to respond to “severe energy supply interruptions.” The president is authorized to tap into it if an emergency of significant scope and duration threatens to cause a price increase that is likely to have a major adverse impact on the national economy. . .
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