Not Logged In Log In   Sign Up   Points Leaders
Follow Us    5:59 PM

GasBuddy News Article

32
votes
Senators Propose Tying Strategic Oil Reserve, Keystone XL

Business Week -- Senate Republicans introduced legislation that would bar the Obama administration from using the U.S. Strategic Petroleum Reserve unless TransCanada Corp.’s Keystone XL pipeline is approved.

The bill, preventing President Obama from releasing oil from the reserve if oil supplies are disrupted, is aimed at advancing Calgary-based TransCanada’s plan to build the project to carry oil to U.S. Gulf Coast refineries.

Asked whether the U.S. might release oil from the reserve to limit a recent jump in oil prices, White House press secretary Jay Carney said the administration never takes “options off the table,” although he had no announcement.

Senate bill S. 2100, is sponsored by Senator David Vitter of Louisiana and Senators Richard Lugar of Indiana and John Hoeven of North Dakota.


Read the Full Article

Submitted Feb 20, 2012 By: Martinman
Category: Daily News Article Discussions > Topics Add to favorite topics  
Author Topic: Senators Propose Tying Strategic Oil Reserve, Keystone XL Back to Topics
REPLIES (newest first) Post a Reply
ntass1
Champion Author Edmonton

Posts:7,185
Points:1,541,280
Joined:May 2011
Message Posted: Feb 20, 2012 10:30:18 AM

ok
PrepHermit
Champion Author New Jersey

Posts:11,249
Points:2,440,635
Joined:Aug 2008
Message Posted: Feb 20, 2012 10:30:18 AM

It's a shame that this project has become about politics and not about prosperity.
tauro514
Champion Author Connecticut

Posts:6,179
Points:2,596,795
Joined:Oct 2006
Message Posted: Feb 20, 2012 10:28:20 AM

maybe.
niceguytx
Champion Author Houston

Posts:17,041
Points:3,537,580
Joined:Sep 2005
Message Posted: Feb 20, 2012 10:27:38 AM

This is the way the politicians hold us all hostage to politics.
silverghost2000
Sophomore Author Victoria

Posts:145
Points:940,580
Joined:Jul 2011
Message Posted: Feb 20, 2012 10:26:58 AM

.
ddkk
All-Star Author Illinois

Posts:748
Points:1,899,275
Joined:Mar 2005
Message Posted: Feb 20, 2012 10:25:05 AM


A CBS 60 Minutes, or maybe NBC report showed the source to be low grade really crappy dirt that happens to contain some hydrocarbons -> 'tar sands' really ?? Ha ! What a joke.

So why is does the TEA/GOP glibly waste its time on this stuff ??

Does it not have way more important issues of importance that could actually create jobs and improve USA security ?
JunGleJimBo
All-Star Author Orange County

Posts:777
Points:435,370
Joined:Jun 2009
Message Posted: Feb 20, 2012 10:25:04 AM

The pipeline is dangerous. We need alternatives, not oil.

JimBO
Gascapade
Champion Author Fort Worth

Posts:5,741
Points:1,066,405
Joined:Mar 2009
Message Posted: Feb 20, 2012 10:24:57 AM

More utterly insipid partisan grandstanding instead of compromising for the good of the American People. Congress should take a good look in the mirror, realize what a complete and utter disgrace they are to our nation and to the memory of our founding fathers, and resign en masse.....
rjd1608
Champion Author Toledo

Posts:8,709
Points:2,764,080
Joined:Aug 2003
Message Posted: Feb 20, 2012 10:22:56 AM

ok
BudsterMO
Champion Author Kansas City

Posts:7,006
Points:1,489,455
Joined:Aug 2009
Message Posted: Feb 20, 2012 10:18:58 AM

I wonder how much TransCanada has paid the Obstructionist Teapublicans to go after the Keystone XL sour oil sands pipeline?
flydudemi
All-Star Author Detroit

Posts:738
Points:1,280,300
Joined:May 2011
Message Posted: Feb 20, 2012 10:16:46 AM

douches
Gascapade
Champion Author Fort Worth

Posts:5,741
Points:1,066,405
Joined:Mar 2009
Message Posted: Feb 20, 2012 10:15:52 AM

What a complete and utterly imbecilic Capitol Hill clownfest we have posing as our United States governmment.....
TuanCanCook
Champion Author Los Angeles

Posts:251,358
Points:1,484,995
Joined:Jun 2011
Message Posted: Feb 20, 2012 10:15:32 AM

Agree with ILANGE9. Politicking is not a good way to govern
rjhaugh
Champion Author Virginia Beach

Posts:12,203
Points:2,780,280
Joined:Aug 2006
Message Posted: Feb 20, 2012 10:15:28 AM

Last time Obama released oil from the reserves, there was no impact on prices.
jmg144
Champion Author Maryland

Posts:12,538
Points:3,675,405
Joined:Jul 2004
Message Posted: Feb 20, 2012 10:15:00 AM

The pipeline should be approved.
bonbon5
Champion Author Toledo

Posts:1,986
Points:1,186,470
Joined:Feb 2011
Message Posted: Feb 20, 2012 10:13:59 AM

oh boy.
walkit1
Champion Author Memphis

Posts:4,083
Points:1,728,950
Joined:Jan 2007
Message Posted: Feb 20, 2012 10:13:08 AM

$5 gas = Obama gone.
YodaON
Champion Author Ottawa

Posts:6,244
Points:1,583,245
Joined:Jan 2011
Message Posted: Feb 20, 2012 10:12:36 AM

This Pipeline is sure causing a stir
sramroop
Champion Author Birmingham

Posts:6,674
Points:1,566,655
Joined:Jul 2010
Message Posted: Feb 20, 2012 10:12:29 AM

Interesting
DutchTreatMI
Champion Author Grand Rapids

Posts:6,297
Points:1,552,880
Joined:Mar 2011
Message Posted: Feb 20, 2012 10:11:26 AM

The last time that Obama released oil from the reserves it only hurt the prices.
ILANGE9
Champion Author Illinois

Posts:10,910
Points:2,415,975
Joined:Sep 2008
Message Posted: Feb 20, 2012 10:10:29 AM

Politics gets in the way of any good decision.

I agree with red5529.
JCS
Champion Author Twin Cities

Posts:6,740
Points:2,095,725
Joined:Apr 2002
Message Posted: Feb 20, 2012 10:09:27 AM

Fast track the build of Keystone!
packards42
Champion Author Washington

Posts:9,422
Points:1,803,130
Joined:Feb 2005
Message Posted: Feb 20, 2012 10:08:00 AM

Releasing oil to Eruope was joke anyway. we paid to develop this and Obama give it to his friends.
Garston
Champion Author Maine

Posts:2,421
Points:473,765
Joined:Jul 2011
Message Posted: Feb 20, 2012 10:07:16 AM

Hoow do you spell loser? RepublicanT.
Aserdaten
Champion Author Florida

Posts:5,023
Points:2,766,220
Joined:Apr 2006
Message Posted: Feb 20, 2012 10:07:12 AM

Is it really possible for this do-nothing Congress to actually approve and implement anything? I strongly doubt it, no matter how beneficial an approval might actually be. And if so, would the president sign it? Dream on, folks.
IrishCowboy
Champion Author Fort Wayne

Posts:1,441
Points:730,030
Joined:Jan 2011
Message Posted: Feb 20, 2012 10:06:38 AM

Political posturing.
khareabhishek
All-Star Author Milwaukee

Posts:815
Points:435,115
Joined:Feb 2010
Message Posted: Feb 20, 2012 10:06:02 AM

hmmm
danlanman
Champion Author North Carolina

Posts:6,619
Points:1,537,330
Joined:May 2011
Message Posted: Feb 20, 2012 10:05:59 AM

more politics
gasman50
Champion Author Portland

Posts:12,209
Points:3,215,810
Joined:Nov 2005
Message Posted: Feb 20, 2012 10:05:33 AM

Just build the darned pipeline
bodu
All-Star Author Vancouver

Posts:949
Points:344,520
Joined:Mar 2009
Message Posted: Feb 20, 2012 10:04:56 AM

"Let's not forget that in 2008 Obama campaigned on raising energy prices -- especially the price of fossil fuels. So this is not unexpected. "

Yep he did say this.
Everyone ignored it.
That is until they had to pay for it.

I really wonder how much a Senator gains for these greedy proceedings.
DeeLA
Champion Author Los Angeles

Posts:8,106
Points:2,167,360
Joined:Nov 2008
Message Posted: Feb 20, 2012 10:04:50 AM

Just do it.
Wolfwings
Champion Author Delaware

Posts:11,926
Points:2,580,510
Joined:May 2004
Message Posted: Feb 20, 2012 10:03:33 AM

I must be missing something here.

If we are EXPORTING more oil than ANY OTHER COUNTRY in the world, why do we need Canadien oil?
DABEE1073
Champion Author San Diego

Posts:11,805
Points:2,385,475
Joined:Jun 2008
Message Posted: Feb 20, 2012 10:03:25 AM

NO PROPOSALS, NO TALKING JUST DO IT.
zonkthegreat
Champion Author San Diego

Posts:2,642
Points:275,175
Joined:Jun 2011
Message Posted: Feb 20, 2012 10:03:10 AM

And why do we need to build a pipeline for China's oil needs?
mecforyou
Champion Author Iowa

Posts:3,388
Points:1,891,150
Joined:Jul 2007
Message Posted: Feb 20, 2012 10:02:42 AM

OMG This is go kindergarten. THERE IS NO OIL SHORTAGE PRICES ARE SET NOT BECAUSE OF SUPPLY AND DEMAND BUT BECAUSE WE WILL PAY THAT PRICE.
jalan25
Champion Author Indianapolis

Posts:2,705
Points:831,270
Joined:Sep 2011
Message Posted: Feb 20, 2012 10:02:39 AM

Releasing oil from the reserves is more symbolic than substantive. It would have little effect long term. Our energy policy is what must be resolved.
Somis1
Champion Author Ventura

Posts:16,981
Points:3,405,220
Joined:Jul 2005
Message Posted: Feb 20, 2012 10:02:13 AM

"Republicans are getting really good at making Keystone a political issue rather than a supply issue."

I believe it's Obama who wants to announce a Keystone decision after the election. Republicans just want it built.
TAT36
Champion Author Florida

Posts:10,263
Points:2,101,160
Joined:Sep 2009
Message Posted: Feb 20, 2012 10:01:56 AM

No politician ever takes any options off the table it it advances their re-election chances.
lpatti1
Champion Author Philadelphia

Posts:11,755
Points:2,662,830
Joined:Sep 2005
Message Posted: Feb 20, 2012 10:01:08 AM

Keep the oil here! STOP ALL EXPORTS!
bigdog1294
Sophomore Author Atlanta

Posts:150
Points:599,875
Joined:Jul 2005
Message Posted: Feb 20, 2012 9:59:43 AM

Is politics getting worse, or am I just paying more attention as I get older and smarter???
jci25946
Champion Author Tampa

Posts:6,575
Points:1,751,895
Joined:Jan 2006
Message Posted: Feb 20, 2012 9:59:36 AM

Nero fiddles while Rome burns!!
GrumpyCat
Champion Author Alabama

Posts:6,065
Points:1,433,435
Joined:Jun 2009
Message Posted: Feb 20, 2012 9:59:27 AM

Is a shame Obama is so stupid as to have to have his hands tied to prevent him from picking his sores.

If we don't need XL oil it stands to reason we don't need to tap our oil reserves.
Rockwoodband
All-Star Author Flint

Posts:606
Points:421,975
Joined:Oct 2009
Message Posted: Feb 20, 2012 9:58:00 AM

So, he just won't use the Strategic reserve. Obama will not do anything that creates jobs. Ever.
Gas_Eyes
Champion Author Dallas

Posts:2,857
Points:681,310
Joined:Mar 2011
Message Posted: Feb 20, 2012 9:57:51 AM

The next president has to be someone who can lead and bring parties together. I am sick of these party politics.
rippertoo
Champion Author Tacoma

Posts:9,160
Points:1,955,685
Joined:Jan 2010
Message Posted: Feb 20, 2012 9:57:27 AM

Once again, just follow the money and you will find the crooks.
Hangnail309
Champion Author Manitoba

Posts:9,327
Points:2,470,500
Joined:Aug 2006
Message Posted: Feb 20, 2012 9:57:02 AM

partisan politics never seems to end ...
BlueTucson
Champion Author Syracuse

Posts:2,234
Points:1,809,060
Joined:Sep 2005
Message Posted: Feb 20, 2012 9:54:10 AM

I'm split on this one. I believe strongly that we need to approve the Keystone XL pipeline. At the same time, I don't like these political manipulation games. Ultimately what we really need here is a president who will take the obvious right step and just approve the piepline without making it a political football.

I also see the electioneering that's takig place here. With gas prices forecast by many to reach $5 this summer, right before the election, I expect Obama to use every trick available to him, especially releasing oil from the strategic reserve, to manipulate public sentiment toward him before the election.
mberg
Champion Author Houston

Posts:7,225
Points:1,767,350
Joined:Aug 2010
Message Posted: Feb 20, 2012 9:52:52 AM

Republicans are getting really good at making Keystone a political issue rather than a supply issue.
mikesr11
Champion Author New York City

Posts:4,271
Points:832,790
Joined:Mar 2011
Message Posted: Feb 20, 2012 9:52:31 AM

I AGREE WITH gasrat6083. OBAMA SHOULD LOOK IN THE MIRROR AND IMPEACH HIMSELF FOR WHAT HE HAS DONE TO THE USA.
lonewolfhead
Champion Author Texas

Posts:1,923
Points:1,240,930
Joined:Aug 2011
Message Posted: Feb 20, 2012 9:52:00 AM

More BS
netman044
Champion Author Texas

Posts:7,014
Points:1,889,525
Joined:Sep 2005
Message Posted: Feb 20, 2012 9:51:54 AM

More partisan politics.
Post a reply Back to Topics