Free Republic 1st Qtr 2026 Fundraising Target: $81,000 Receipts & Pledges to-date: $9,833
12%  
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Keyword: saltdomes

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  • A well-oiled debate

    04/02/2004 9:48:22 AM PST · by NormsRevenge · 2 replies · 215+ views
    OC Register ^ | 4/2/04 | AP
    <p>CRUDE-COLLECTION FACILITY: The St. James Terminal, a distribution point for crude oil near Baton Rouge, La., feeds a pipeline to underground storage in the Strategic Petroleum Reserve, which has a capacity of 700 million gallons.</p> <p>Those who oppose continued stockpiling say taking the oil out of the market causes prices to rise. Sen. Carl Levin, D-Mich., last year argued for halting the flow. "This administration's actions to fill the SPR regardless of the price of oil or the amount of oil available to the commercial sector is a major reason for these high (crude) prices," wrote Levin, senior Democrat on the Senate Governmental Affairs investigations subcommittee.</p>