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Truckers News The Dimmer Switch. Got some interesting truckers news you want let others to know about? Let drivers know here. Discuss trucking news. What do you know that other truckers don't? Basically a current events message board. International Truckers News

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^ Top   #1   02.29.2008

Cybergal Truck Forum Supporter   Last Seen: 04.16.2009 05.42 AM Member Since: Oct 2008 Posts: 13,838 My Trucking Photos: 27 Thanks: 2,066 Thanked: 2,575 Times My Truckers Blog : 16

Senators question administration’s petroleum reserve policy Senators question administration’s petroleum reserve policy 2/28/08 Quote: With no real relief from soaring fuel prices, members of the U.S. Senate are keeping the heat on the Bush administration’s policies on managing the Strategic Petroleum Reserve. “I am concerned about the current policy to fill the SPR with Royalty-in-Kind oil from the Department of the Interior, regardless of market conditions, and for that reason I have co-sponsored Sen. Dorgan’s bill to take a timeout on filling the SPR,” Sen. Jeff Bingaman, chairman of the Senate Committee on Energy and Natural Resources, said in a statement Feb. 26. “As we face the threat that Venezuela might suspend oil shipments to the United States, it is more appropriate in my view to consider releasing the SPR rather than filling it.” The Democrat from New Mexico released the statement outlining his concerns the same day the committee held a hearing on the SPR policies. The hearing is just another front on which the SPR policies are being attacked. The introduction of the bill by Sen. Byron Dorgan, D-ND, in early February came hot on the heels of a Department of Energy recommendation to beef up the reserve in its 2009 budget request. If passed into law, the bill would direct the energy secretary to temporarily stop putting more than 50,000 barrels of oil a day in the Strategic Petroleum Reserve when crude oil prices are at record levels. Under Dorgan’s plan, the federal government would suspend acquisition of oil for the Strategic Petroleum Reserve for the rest of 2008 or until the price of petroleum falls to $50 per barrel or less. More here.................. http://www.landlinemag.com/todays_ne.../022808-01.htm

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^ Top   #2   02.29.2008

Ronnocomot Light Load Member   Last Seen: 12.13.2008 10.20 PM Member Since: Sep 2006 Location: IL Trucker? 4-Wheeler Posts: 8,315 My Trucking Photos: 0 Thanks: 40 Thanked: 802 Times

And what exactly are we supposed to if crude prices DON'T fall below $50? Some of these people in Congress are idiots.

^ Top   #3   03.02.2008

danc694u "Village Idiot"   Member Since: May 2007 Location: Mississippi Trucker? 23 Years Age: 50 Posts: 9,408 My Trucking Photos: 11 Thanks: 424 Thanked: 2,697 Times

Grrrrrrrrrr where did my post go???? __________________ He has erected a multitude of new offices, and sent hither swarms of officers to harass our people, and eat out their substance........ He has combined with others to subject us to a jurisdiction foreign to our constitution, and unacknowledged by our laws; giving his assent to their acts of pretended legislation: Declaration Of Independence __________________ King George or Obama ????

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