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April 30, 2006
Energy Secretary doing OK on MTP
I've never seen our Energy Secretary before. He is coming across like a smart man. His best line was after Durbin went into this long diatribe about Big Oil gouging consumers. The Secretary said Durbin was too smart of a man to believe what he just said.
He did just bumble through a question he should have hit out of the park. When shown a clip of Governor Bush in 2000 deriding Al Gore's call for President Clinton to open the Strategic Petroleum Reserve to lower gas prices in an election year, Tim Russert tried to play "gotcha" by saying that President Bush is now doing the same thing.
Bush is not.
There is a BIG difference between suspending the filling of the reserve (which Bush has done) and opening the reserve to bring down the price. The Secretary should have hit that out of the park. He did make a good point that the Dems whined and moaned to open the reserve last year and now oil is 75 dollars a barrel. How much would that cost the tax payer to buy back the gas we sold at 60 dollars a barrel at 75 dollars?
Posted by Aaron at April 30, 2006 11:09 AM
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