House votes to stop adding to oil stockpile

Wed May 14, 2008 3:34am EDT
 
Email | Print | | Reprints | Single Page
[-] Text [+]

WASHINGTON (Reuters) - The House of Representatives on Tuesday followed the Senate in rejecting the Bush administration's policy of adding oil to the country's Strategic Petroleum Reserve while fuel prices are high.

The House passed legislation that would suspend crude deliveries to the U.S. emergency oil stockpile while the price of oil was above $75 a barrel, a move the White House has opposed. Oil traded at a record near $126 a barrel on Tuesday.

The Senate approved a similar measure earlier in the day.

Like the Senate's legislation, the 385-to-25 vote in favor of the bill in the House was big enough to override a possible presidential veto of the measure.

(Reporting by Tom Doggett; Editing by Christian Wiessner)

 

Help us advance this story. Provide relevant links or share your insights using our comment box. Please be considerate and help us by reporting any abuse you find. Reuters will delete comments that don't meet community standards.

Have a correction to this article? Email the editors
Photo

Featured Broker sponsored link

Editor's Choice

  • Pictures
  • Video
  • Articles
Photo

A selection of our best photos from the past 24 hours.  View Slideshow 

Most Popular on Reuters

  • Articles
  • Video
  • Recommended