Oil Reserve Delivers To Stop

Jittery about a political backlash over gasoline costs as prices set yet another record Tuesday, Congress voted to halt deliveries to the Strategic Petroleum Reserve in defiance of President Bush.

The action was expected to have a modest effect on pump prices, saving motorists an estimated 2 to 5 cents a gallon, backers said. But its overwhelming support, including from Bush’s usual GOP allies, underscored the potentcy of fuel costs as a campaign issue this year.

The measure is likely to be one of the few Congress approves this year in response to public angst at the pump as Democrats and Republicans agreed on little else Tuesday to bring down prices.

“Stopping the fill of the Strategic Petroleum Reserve has been tried before, and there is no evidence that it will affect the price of oil or gasoline in a meaningful way,” White House spokesman Scott Stanzel said Tuesday. But he said Bush would not veto it.

Senators approved the measure by a veto-proof majority of 97 to 1. The two Democratic presidential candidates, Sens. Barack Obama of Illinois and Hillary Rodham Clinton of New York, returned to the Capitol from the campaign trail to vote for the measure. Sen. John McCain of Arizona, the presumptive GOP nominee, supported the measure but was absent for the vote.

Watch the price of oil to see if this will have an effect.  Unbelievable, the Senate can work together on issues!

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