Wednesday, February 15, 2006

Bush Isn't Going To Replace Oil Pumped Out Of Strategic Petroleum Reserves

By Elaine Meinel Supkis
Bush decided it was pointless to replace the oil we ran down this winter. I always thought the SPR was a stupid concept, pumping oil out of the ground only to put it back into the ground again! If we are having "hard times," the plan should be rationed fuel, not pumping in and out, oil that shouldn't be pumped in the first place. A top scientist claims we hit the Hubbert Oil Peak mid December last year. I agree.