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Senate Votes to Halt Oil Reserves Stockpiling PDF Print E-mail
by Tom McGregor    Tue, May 13, 2008, 03:08 PM

Oil futures.jpgThe U.S. Senate, concerned about a political backlash over the rising price of gasoline, voted by a veto-proof majority today to halt deliveries to the Strategic Petroleum Reserve over President George W. Bush’s objections. Congress is expected to follow suit later today.

The Los Angeles Times reports that, “the action, supported by the Democratic and Republican presidential candidates, comes as high fuel costs have contributed to the nation’s economic woes and become a hot issue on the campaign trail. It could be the only legislation that Congress passes this year in response to public angst at the fuel pump because of the parties’ differences over energy issues.”

The Senate measure passed 97 to 1, with senators Barack Obama of Illinois and Hillary Rodham Clinton of New York departing from the campaign trail to return to the Capitol to vote for the measure. Sen. John McCain of Arizona, the presumptive GOP presidential nominee, also supported the measure but was absent from the vote as he campaigned in the Pacific Northwest.

To read the entire article from the Los Angeles Times, link here:

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