President Releases Oil Reserves

Some say not to release the emergency reserves. Well, I'd call Hurricane KAtrina an emergency. And since that area of the Gulf accounted for about 25% of US Oil Production and Refining, I'd say this IS AN EMERGENCY!!!!!

LINK: http://www.drudgereport.com/flash4be.htm

ARTICLE:

BUSH CONSIDERS ADDRESS TO NATION; CALL FOR ENERGY CONSERVATION

Wed Aug 31 2005 10:20:34 ET

President Bush is considering an address to the nation asking citizens to conserve energy, a top White House says. Bush ordered the release of oil from federal petroleum reserves to help refiners affected by Hurricane Katrina. Bush returned to Washington on Wednesday to oversee the federal response to the historic disaster. He plans to coordinate federal efforts, across more than a dozen agencies, to assist hurricane victims. "Still undecided is whether or not to call for a nationwide effort to reduce energy consumption during this emergency," a top Bush source explains. "It is seriously being considered." A second White House source says there are no plans for the president to address the country on gas. Developing...