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TexasTowelie

(111,277 posts)
Sat Sep 16, 2017, 09:31 AM Sep 2017

Perry touts importance of oil stockpiles

WASHINGTON — Energy Secretary Rick Perry said on Friday that the recent hurricanes that battered the U.S. are a "good example of why we need an SPR"—the Strategic Petroleum Reserve that was tapped for millions of barrels of oil in the storms' aftermath.

And the former Texas governor hinted that he may have doubts about a Trump administration proposal to slash that emergency stockpile in half.

Perry said President Donald Trump had asked "very, very good questions" about whether the reserve was properly structured and if its nearly 700 million barrels was the right amount. But he also stressed that he "didn't write that budget" that proposed halving the stockpile.

The Energy Department boss added that Trump "brought me in not to agree with him on everything."

Read more: http://www.texarkanagazette.com/news/national/story/2017/sep/16/perry-touts-importance-oil-stockpiles/691391/

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