Deploying Oil from the Strategic Petroleum Reserve
Channel: HouseResourceOrg
Date: 2011-04-12

Deploying Oil from the Strategic Petroleum Reserve - Select Committee on Energy Independence and Global Warming - 2007-07-23 - On Wednesday, July 23, 2008, Chairman Edward J. Markey (D-Mass.) and the Select Committee on Energy Independence and Global Warming will hold a hearing on how releasing oil from America's Strategic Petroleum Reserve can bring immediate relief to high oil and gas prices. The past three presidents, including President George W. Bush, have successfully used the SPR to reduce oil prices during times of crisis.  WITNESS LIST: Mr. C. Kyle Simpson, Policy Director, Brownstein, Hyatt, Farber, Schreck; Dr. Joe Romm, Senior Fellow, Center for American Progress; James May, President and CEO, Air Transport Association of America.  Video provided by the U.S. House of Representatives.