Let's Rethink the Strategic Petroleum Reserve

An oil well is a general term for any boring through the earth's surface that is designed to find and acquire petroleum oil h
An oil well is a general term for any boring through the earth's surface that is designed to find and acquire petroleum oil hydrocarbons.

It's been almost five years since we set out to get America the energy plan it deserves. One thing hasn't changed: the need for aggressive and effective energy leadership in Washington. For the last four decades, Republicans and Democrats alike have fallen short in this regard. Long story short -- we have no national energy plan.

Instead, there has been a proliferation of stop-gap measures that are nothing more than a band-aid approach. One of the best examples is the Strategic Petroleum Reserve, some 727 million barrels of crude oil that we have squirreled away in salt caverns beneath several states.

Does this make any sense? I sure don't think so. Watch this video for more of my thoughts on this issue.