Tuesday, October 12, 2004

Bush Lies on Petroleum Reserve

Once again there's another loan coming out of the strategic petroleum reserve going to quell the prices of oil again. This marks the 2nd time in 2 weeks that the Bush administration has gone back on their word not to use the SPR to stem oil prices. And with a little more than 2 weeks to go until the elections we may see even more oil flow from the SPR. In 30 years no refinery in the United States has been built. Oil companies claim newer facilities could use the heavier oil to product gas and heating oils for the country but after pocketing profit over all these years they'd take a hit in the pocket book for building it and lower gas prices that would come from the surplus. Of course it's far more likely they will shut down a older plant to keep the status quo with supply problems. This is also a huge national security risk. If terrorists were able to destroy a refinery the economic impact will be huge. It does not matter how much oil Saudi Arabia pours into the market if we cant refine it it's worthless to us. You would think Bush would of thought of that as part of protecting the nation. However the lobbyists that are in his pocket have once again pulled the strings on their puppet to keep the money in their pockets.

Kerry's plan to reduce our dependence on foreign energy sources is the plan America needs to protect our economy in case of another oil embargo, foreign terrorism and other unforseen problems such as a major supplier running dry. Bush's plan is to flounder in the most critical areas of world oil production creating a sphere of unstability and uncertanity where production is threatened and prices rise. Vote for Kerry and Edwards and help secure our country and bring sense to national energy production.

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