I do not oppose suspension of oil shipments into the Strategic Petroleum Reserve. But to say that that, by itself, is going to lower prices 25 cents a gallon in an 85-million-barrel-a-day oil market is ludicrous. I sure hope that there is additional legislation besides this feel-good legislation. I hope it is bipartisan. I hope it is substantive. And I hope it has a supply component to it.
Discussing the impact of suspending oil shipments on gas prices.
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It is always good to have hearings like this to try to, through bipartisan basis, get facts on the table.
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