| Sign in | Register | View Today's Print Edition · Buy Photos · Place an Ad · Subscription Rates · Contact Us · About Us |
|
![]() |
|
Search:
|
Browse Categories (Add your business to the Texarkana Business Directory) |
Senate demands Bush halt oil shipments into government reserve
WASHINGTON—The Senate, in a direct challenge to President Bush, voted Tuesday to temporarily halt the shipment of thousands of barrels of oil a day into the government’s emergency reserve.
Both Democrats and Republicans said such shipments make no sense when oil is costing more than $120 a barrel and could better be used to add supplies to a tight market and possibly lower prices. “We are buying the most expensive crude oil in the history of the world and storing it,” said Sen. Byron Dorgan, D-N.D. “When American consumers are burning at the stake by high energy prices, the government ought not be carrying the wood.” Until both chambers of Congress pass the emergency reserve directive and Bush signs it — or Congress enacts it over a presidential veto — the legislation has no force of law. But the Senate’s message to the president Tuesday was a strong one. With Republicans joining Democrats, senators voted 97-1 to suspend the shipments — averaging about 70,000 barrels a day — until the end of the year. Only Sen. Wayne Allard, R-Colo., voted against the measure. The House was scheduled to vote on a similar directive later in the day. The Senate measure was added to legislation on flood insurance that passed shortly after the oil reserve vote. Featured Texarkana Business Directory Articles Featured Texarkana Business Directory Coupons |
Local News Archive Calendar
Sponsor Advertisements
Featured Business
Featured Business
|
|
|
2008 (c) Copyright Texarkana Gazette
Web design by: Joe Regan
Owner of: WebProJoe.com Web Design Company