A few facts:
The world consumes 87.5 million barrels of oil a day. Of that total, the United States consumes about 19 million barrels per day, according to Tom Kloza, chief oil analyst at the Oil Price Information Service.Do the math. The 30 million barrels released from the SPR is equivalent to approximately 1 1/2 days of US oil consumption, or 1/3 of one day's worth of world oil consumption.
The United States produces about 9.8 million barrels so it winds up importing about half of what it consumes.
All of which brings to mind several questions.
What is "strategic" about 8 hours worth of oil?
Wouldn't it be better to develop our domestic energy sources, to reduce our dependence on oil from people that hate us?
How many votes do obama and the libs think they'll garner from 30 million barrels?
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