On the recordMay 13, 2008
That is the strategy we are talking about. This is the right thing to do. It has been proven that when we have instrumented this tool, that is to stop purchasing from the Strategic Petroleum Reserve, that in fact there will be immediate reduction in the prices at the pump and also a barrel of energy. That is the right thing to do. But let there be no mistake. In every step of the way for the last 6 years, the President of the United States has either issued veto threats or leaned on only one side of the policy, and that policy was dig, dig, dig. In fact, there are 9,300 licenses to drill here in the United States that the energy companies are not using.
Source
govinfo.gov
