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  • White House to release petroleum reserves

    08/31/2005 4:33:08 AM PDT · by BulletBobCo · 168 replies · 4,240+ views
    MSNBC ^ | August 31, 2005
    WASHINGTON - Energy Secretary Samuel W. Bodman said Wednesday the Bush administration will release oil from petroleum reserves to help refiners affected by Hurricane Katrina. An announcement was expected later in the day. The move is designed to give refineries in the Gulf Coast area a temporary supply of crude oil to take the place of interrupted shipments from tankers or offshore oil platforms affected by the storm.