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Wednesday, May 14, 2008
Gas Prices - What Do You think?
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The Senate on Tuesday passed a measure cosponsored by Senator Bernie Sanders to suspend oil deposits into the Strategic Petroleum Reserve. The measure would increase supplies and lower prices for gasoline and other fuels. Sanders said the vote to suspend the shipments until the end of the year was a first step by Congress to confront the gasoline price crisis. "The Senate voted to stop the Bush administration from continuing the absurd policy of adding 70,000 barrels of oil a day to the Strategic Petroleum Reserve, which already is 97 percent full," he said. "This is a small but important step forward in providing some relief to consumers who are paying record prices at the gas pump."
