I thought Bush said our oil reserves are for emergencies?

Question

U.S. Giving Oil Reserves to Chavez

Wednesday, September 3, 2008 8:15 PM

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Citgo will be allowed to pull 250,000 barrels of oil from the Strategic Petroleum Reserve because of its inability to secure crude in the aftermath of Hurricane Gustav.

Venezuela's government-controlled Citgo Petroleum Corp. said Tuesday that supplies to its refinery in Lake Charles, La., were cut off when the Calcasieu Ship Channel closed.

The U.S. Energy Department granted the request late Tuesday, so far the only request for fuel from the Strategic Petroleum Reserve.

The reserve is an emergency depot maintained by the Energy Department and can hold as much as 727 million barrels of oil in salt caverns along the Coast of Mexico.

Answer 1

Ol' Bushy is final listening to the experts, eh?  When oil is high, selling oil from the reserves is a good idea as it can be replaced by more when prices lower.  I bet Citgo was charged through the teeth!