A bill to limit releases from the Strategic Petroleum Reserve seeks to blunt the political gains that Democrats have gained from lower gasoline prices.
Republicans and Democrats in Congress want to cut off foreign countries' access to crude oil from the Strategic Petroleum Reserve after China, India, and others bought up barrels that some lawmakers said should have stayed home.
Republicans and Democrats in Congress want to cut off foreign countries access to crude oil from the Strategic Petroleum Reserve after China, India, and others bought up barrels that some lawmakers said should have stayed home.
WASHINGTON Despite relief elsewhere in the United States, California gasoline prices are soaring again up more than a dollar over last month and the latest big congressional idea for relief involves creating an emergency oil supply that Washington could tap when prices soar.