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Tapping the Strategic Oil Reserve - 05/12/2008
The Senate this week is expected to take up legislation that would make the Bush administration stop adding to the strategic oil reserve, already the largest emergency petroleum stockpile in the world. An analyst at Goldman Sachs has estimated that continuing to fill the reserve over the past few months has increased gas prices at the pump by as much as 25 cents a gallon. Sanders would not only stop the flow of oil into the reserve, but immediately release oil in order to send a strong signal that the U.S. government is serious about lowering oil and gas prices. -- READ MORE
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POLL - What do you think about gas prices?
