August 18, 2012

Great news on gas prices - Obama to tap America's oil supply!

Strategic Petroleum Reserves
Okay that's a little misleading. 

There will be no ANWR reserve drilling, no Keystone pipeline delivery, and no increased near onshore or deep water drilling. There will be no new push for clean coal or natural gas reserves either. There has been no White House Epiphany. Sadly.

But the president is seriously considering tapping America's oil supply - the Straegic National Reserve, to be used as a backstop for national emergencies or for the military should be unleashed on the market to keep oil prices and gas prices overheating before the election. It's all about the election, which means should prices continue to remain high, the president will try to neutralize the issue going into the election, strategic reserves be damned.

That's just great.

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