Current mood:	cynical
Current music:	Outkast "Bombs over Baghdad"

Administration to open strategic oil reserves
Full story at http://money.cnn.com/2005/08/30/news/economy/katrina_cost/index.htm

I remember well over a year ago when Congressman Ted Strickland (D-Oh) was telling me that he and other Reps were petitioning the White House to open these reserves to try and bring oil prices back into check (this was right after we first broke the $2 per gallon mark)
Now we are opening them up, and that is good. Otherwise gas prices, which are estimated to eventually hit over $4 per gallon, would shoot through the roof immediately.
But what is funny to me is that the administration was NOT willing to open these reserves to help bring down gas prices for the average working man and woman. However when gulf coast oil producers are fearful that they might experience some profit losses, the administration opens the reserves without delay.
Again, I'm not criticizing the current regime, errrr, I mean administration, for opening these reserves during this time of emergency.
But this does demonstrate where the Bush administration's loyalties and sympathies lie. They don't give a damn for the working class that they duped into electing them. They do care about some profit losses for their oil company friends.