Thursday, June 23, 2011

Releasing Strategic Petroleum Reserves.... Why?

I often lament the lack of leadership in both our government and corporate world. The story out today about us releasing oil out of the SPR for the summer driving season takes the cake. Another example of short term expediency instead of thoughtful planning and leadership. The SPR by name is supposed to be strategic. A little cheaper priced gas at the pump just doesn't fit the bill.It's just a cheap political stunt. Something I would expect from Chuck Schumer, not the President. So sad to see utter incompetence.

http://www.nytimes.com/2011/06/24/business/24oil.html?hpw

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