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The National Petrochemical & Refiners Association Criticizes the Just-Announced Release from the Strategic Petroleum Reserve

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Statement from NPRA President Charles Drevna in:
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(36 seconds)


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-- This statement is in response to the Obama administration's decision on Thursday, June 23rd, to release 30 million barrels of oil from the U.S. Strategic Petroleum Reserve. --

(DREVNA):
"RELEASING OIL FROM THE STRATEGIC PETROLEUM RESERVE TODAY--WHEN GASOLINE-PRICES ARE FALLING, AND THERE'S NO SUPPLY-SHORTAGE--MAKES NO SENSE, AND WEAKENS OUR ECONOMIC- AND NATIONAL-SECURITY.  THE RESERVE IS AN EMERGENCY-LIFELINE, TO PROTECT OUR NATION AGAINST CRITICAL SHORTAGES IN OUR OIL-SUPPLY; IT SHOULDN’T BE USED AS A 'STRATEGIC POLITICAL RESERVE', TO BOOST THE POPULARITY OF ELECTED-OFFICIALS.  RATHER, OUR LEADERS SHOULD BE DRAWING UP PLANS TO LIFT THE ROADBLOCKS [THAT ARE] PREVENTING OUR NATION FROM UTILIZING THE BILLIONS OF BARRELS OF OIL- AND NATURAL-GAS-RESERVES [THAT ARE FOUND] RIGHT HERE IN AMERICA.  THIS WOULD PRODUCE MORE ENERGY, MORE JOBS, AND ECONOMIC-PROSPERITY.
"



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