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FBN’s Peter Barnes on Democrats pushing the White House to tap the Strategic Petroleum Reserve in an effort to ease gas prices.
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Well the -- -- bank that wasn't watching and -- And now a lot of them lasting particularly right now.
-- the president and the president Saddam and everyone in between Peter Barnes and wants and when more I didn't.
-- Washington is battling over whether to tap the strategic petroleum reserve to try to help temper high gas prices the administration is not ruling it out right now.
President Obama did it last year you were called during the Libyan crisis prices did come down after that now with the election just nine months away and Iran threatening to cut oil shipments some congressional Democrats want to repeat.
History.
Not only is there a need for us to release -- and -- it's -- strategic reserve I don't know what is being used for.
We are unlikely to have a nuclear war with the Soviet Union so work reducing these artificially increased gasoline prices which can be good purpose.
But it also makes very good business sense.
We.
Obviously.
Look at all.
The issues and options -- and how we approach to energy policy that I have no comment on.
Any questions about the so called spread.
Republicans say the SPR should be used only in the case of a true emergency like a real cut off in supply as we saw during the fighting in Libya last year Republicans instead favor more drilling.
And at lunch at the White House today speaker Boehner urged the president to approve construction of the rest of the Keystone Pipeline.
And I did present present on the Keystone Pipeline.
The presence of all you're gonna get part of it.
I just wish we're getting a part of an -- deliver.
Real world.
Like Canada -- out of North Dakota.
And -- tomorrow the president will give a major speech on energy in New Hampshire back.
