Tim Ryan: “When you look at what the Speaker has been asking the President to do now for weeks, possibly months, to suspend filling…”

“When you look at what the Speaker has been asking the President to do now for weeks, possibly months, to suspend filling the Strategic Petroleum Reserve, we have this reserve in the United States that a certain amount of barrels of oil go in a day. And this is to make sure that in case of a crisis, we have oil for national defense purposes and so forth. This is oil that's going in every day. The Speaker, based on the history and what the experts and the economists are telling us, is that if you divert that oil that's going in to the petroleum reserve and you allow that oil to be purchased on the market, that it will drive down the cost of oil. And this will lead to a savings at the pump of about 25 cents per gallon because there will be an increase in the supply of oil in the market and it will drive the cost down. Now, we're not sitting here saying that this is the magic wand we're going to waive and everything's going to be fine. But what we are saying is, when you implement this and you take some of the pressure off, you can save almost $6 a barrel and 25 cents at the pump.”