FOXNews.com – Democratic Presidential Hopeful John Edwards Will Unveil Strategy to Reduce Heating Oil Costs /a>
Noting that home heating oil prices in New Hampshire have surpassed $3 a gallon, the former North Carolina senator is calling on Congress to release some of the nations home heating oil and crude oil reserves as a way to bring down prices by increasing supply. He also is urging Congress to fully fund the federal Low-Income Home Energy Assistance Program, according to a copy of his plan provided to The Associated Press.
This will do nothing but put us in worse shape in the future. Those reserves are for when we get embargoed..not if. As is typical of Many Americans these days they think sacrificing long term plans for short term game is a good idea..which is what has led to the current credit/mortgage disaster we are now that is going to grow deeper.