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Requiring the sale of Strategic Petroleum Reserves to fund additional spending is a scandal

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Uploaded by on Jul 14, 2011

Congressman McClintock explains that under the proposed bill H.R. 2354, the Secretary of Energy would be required to sell $500 million worth of Strategic Petroleum Reserves oil and deposit any proceeds from such sales in the General Fund of the Treasury to fund additional spending, instead of replenishing the reserve.

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  • Its very clear to me why America is failing and will continue to fail. These people are suppose to be our leaders and law makers. Just look at the people behind him, look how preoccupied they are with themselves paying attention to everything else but what this man is saying. This government is asleep and when they decide to wake up it will be too late................ENDAMERICA­SOON.

  • Hawking our oil to scrape up 500 billiion.........

    Got food storage, silver and a gun yet?

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