Tuesday, March 8, 2011

Schumer Wants Obama To Release Reserve | WKBW News 7: News, Sports, Weather | Buffalo, NY | Local

Schumer Wants Obama To Release Reserve | WKBW News 7: News, Sports, Weather | Buffalo, NY | Local: "U.S. Senator Charles E. Schumer Tuesday called on President Barack Obama to deploy the Department of Energy’s Strategic Petroleum Reserve in order to clamp down on skyrocketing gas prices in New York and around the country. In the wake of the recent unrest in the Middle East, which has affected the supply from Organization of the Petroleum Exporting Countries (OPEC) member nations, such as Libya, in addition to disruptions at critical transportation choke points like the Suez Canal in Egypt, the price of oil has climbed to new heights. Last Friday the weekly U.S. average price per gallon of oil climbed to $3.51, a 33 cent jump from two weeks"

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