Tap Into Oil Reserves?

Gov. Rod Blagojevich is calling on President Bush to release oil from the nation's strategic petroleum reserve to help fight skyrocketing gasoline prices.

The governor says withdrawing oil from the reserve will increase the supply, which will lead to lower prices and provide relief to consumers.

But the Bush administration says the petroleum reserve is meant to be used only when there are disruptions of oil imports from overseas.

Congressman Don Manzullo says tapping into the reserves won't help, because the OPEC countries will continue what he calls their international criminal conspiracy.

The strategic oil reserve was established more than 20 years ago to provide the U.S. a safety net if imported oil became unavailable.


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