Senate Votes To Halt Stockpiling Of Oil

Law360, New York (May 13, 2008, 12:00 AM EDT) -- Responding to the pressure of rising gas prices, the U.S. Senate voted Tuesday to halt deliveries to the Strategic Petroleum Reserve, despite objections from the White House.

The SPR, an underground emergency petroleum supply, holds the equivalent of 58 days of imports, or roughly 700 billion barrels of oil, according to the U.S. Department of Energy.

The Senate measure, which would stop feeding petroleum into the reserve, was passed 97 to 1. Presidential candidates Sen. Barack Obama (D-Ill.) and Hillary Clinton (D-N.Y.) left their campaign trails...
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