Rudy Giuliani on Energy & Oil

Open Strategic Petroleum Reserve to battle high oil prices

Giuliani repeated his criticism of the Clinton administration’s refusal to free up part of the nation’s Strategic Petroleum Reserve to counterbalance the soaring cost of oil. In Plattsburgh, close to the Canadian border, Giuliani said he had visited the frigid city because it had experienced “the biggest impact in the state” from a sharp spike in oil prices. He said the increases in oil prices provides “an illustration of what I can do if elected to the Senate. I am willing to take on the president.” Source: Thomas Lueck, New York Times Feb 17, 2000

Oil crisis is “compelling justification” to use Reserves

One of the purposes of the Strategic Petroleum Reserve is to protect Americans from market manipulations and artificial shortages created by OPEC. The current crisis in the Northeast presents a compelling justification for the release of a portion of the reserves. I urge the President to sell some of the nation’s Strategic Petroleum Reserves to offset the recent dramatic increase in the price of home heating oil in New York City. Source: Address on Heating Oil Crisis Feb 15, 2000

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