"First they ignore you, then they ridicule you, then they fight you, then you win." -- Mahatma Gandhi

McCaskill Calls For Obama to Release Day and Half Supply of Oil From SPR

April 5th, 2012 by mopns · No Comments

Credit: KMOX.com
Yesterday during her so called  “fairness tour,” in Columbia yesterday, the self proclaimed moderate and populist called for the president to release oil from the Strategic Petroleum Reserve:

“If we would release some oil from the strategic reserve it would cause the price of oil to go down, maybe not permanently, but temporarily, and it would catch those speculators kind of with their pants down”. Read more…

This statement points out two distinct things in our minds. One, Claire, like President Obama, doesn’t have a clue on how capitalism and free markets really work. And two, she must really believe that we’re down right stupid! The last time the strategic reserved was tapped in 2011, the president authorized the release of 30 million barrels of oil. The United States uses close to 19 million barrels a day. So releasing a day and a half  supply of oil onto the market will “catch those speculators kind of with their pants down?” C’mon Senator, you’re insulting our intelligence.

Related:

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After Obama “Personally Lobbie[s]” Democrats, Senate Dems Vote Down Keystone Pipeline Job

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