Gas Costs Not Likely Influenced By Using U.S. Oil Reserve
Middle East unrest has given lawmakers the idea that tapping into U.S. oil reserves will stem increasing gas costs. The call to tap reserves is being made even though the world has an excess of oil production capacity and United States fuel inventories are full. The administration is advising Congress not to panic, and industry analysts say tapping the petroleum reserve may feed the fear that is driving up oil and gasoline prices. Why Congress wants to tap the oil … Continue reading →