http://news.yahoo.com/s/nm/20110306/pl_nm/us_usa_energy_reserves
There is no good reason to do this. The price of oil isn’t even high as it was in 2008. And a price increase is NOT an emergency. The key line in this story is:
“Higher oil prices could undermine the fragile U.S. economic recovery and politically damage President Barack Obama as he moves toward his 2012 re-election bid.”
The reserves are there to address a REAL emergency. Not for some bozo politician’s re-election concerns.
