Quote:
Originally posted by The Truth Hurts
The last time an administration tapped the Strategic Petroleum Reserve, the impact on price was negligible. When President Bill Clinton ordered the sale of 30 million barrels of oil on Sept. 22, 2000, the average price of regular gas had climbed to more than $1.56. By Oct. 24, when the oil began to hit the market, prices had slipped one penny, according to the Energy Department's Energy Information Administration.
|
Right, slipped by a penny, instead of shooting up to $2. Negligible in the mind of a Bush apologist I suppose.