The Politically Tactical Petroleum Reserve

Originally published on Fox Business. Tapping the Strategic Petroleum Reserve won't help lower gas prices to $2.50, and it won't help the President win voters who are afraid his energy policies are bringing the country back to the ‘70s era of long gas lines, bell bottoms, leisure suits, “Gee Your Hair Smells Terrific,” and “Please Don't Squeeze the Charmin.” So, please don't squeeze the SPR, which is already low. Because "Draw, Baby, Draw" is not an energy policy. And it won't move the needle on gas prices, and even if it does, that blip will be only temporary. President Barack Obama is now mulling tapping the SPR, as he now says on the campaign stump that we can't drill our way out of the high-gas problem, because that won't move the needle. So then why tap the SPR? Continue reading this article here.