Sunday, April 30, 2006
Bush called for halting deposits to the Strategic Petroleum Reserve (SPR). As with most "policy" with these guys, it's all smoke & mirrors, and lies & deception. What Bush didn't say was that the SPR has been experiencing net withdrawals over the last six months, so his big suggestion is actually old news. Also, the SPR is currently 94% full so even if reserves were to be added, there's not much room to do so (at near capacity). All in all, GW's talk regarding the SPR was just fodder for the less informed masses.
Posted by Grey Matter at 12:07 AM