Here's your reply to the lefties regarding the SPR: the Federal government doesn't pay cash for the oil that goes into the SPR. The oil is delivered to the SPR by Chevron Corp. as payment for some large oil leases. So when oil prices go up, there is no budgetary impact on the Feds because no cash is paid for the oil. This is one case where the Feds actually made a smart move that saves the taxpayers money.
Re: "Here's your reply to the lefties regarding the SPR: the Federal government doesn't pay cash for the oil that goes into the SPR. The oil is delivered to the SPR by Chevron Corp. as payment for some large oil leases. So when oil prices go up, there is no budgetary impact on the Feds because no cash is paid for the oil. This is one case where the Feds actually made a smart move that saves the taxpayers money."
Never heard this before... Mind if I ask for a source?
I just hope it is true...