Obama: Tap Nation's Oil Reserve To Help Gas Prices

By: Associated Press Email
By: Associated Press Email

Chicago (AP) Barack Obama is proposing tapping the nation's strategic oil reserves to help drive down gasoline prices.

His campaign says he supports releasing light oil from the emergency oil stockpile now and replacing it later with heavier crude more suited to the country's long-term needs.

Light crude is easier to refine into gasoline than heavier oil.

Obama is emphasizing energy and the economy in campaign stops this week in Michigan, Ohio and Indiana, beginning with a speech today in Lansing, Michigan. Gas prices over $4 a gallon have become a top issue in the presidential contest.

In the past, Obama has not advocated tapping the oil reserve, but a campaign spokeswoman says he has reconsidered because he “recognizes that Americans are suffering.”

Also today, the Obama campaign is unveiling a television ad that criticizes John McCain's energy policies.

You must be logged in to post comments.

Password (case sensitive):
Remember Me:
KKCO NBC 11 News
2531 Blichmann Avenue
Grand Junction, CO 81505

Station Phone: 970.243.1111
Business Fax: 970.243.1770
Newsroom Fax: 970.245.3793
News Tip & Contest Line: 970.255.8477
Copyright © 2002-2016 - Designed by Gray Digital Media - Powered by Clickability 26252919 - nbc11news.com/a?a=26252919
Gray Television, Inc.