Congressman Landry: Obama is Day Late, Dollar Short

Statement

Following the announcement made this morning by U.S. Energy Secretary Steven Chu that the U.S. will release 30 million barrels of oil from the Strategic Petroleum Reserve (SPR), Congressman Jeff Landry (R, LA-03) issued a sharp criticism on the President and his Administration:

"The President continues to be a day late and a dollar short. Since House Republicans have aggressively fought back against rising gas prices by passing multiple energy bills in May, oil prices have fallen to under $100 per barrel and the average gas prices have dropped 30 cents. Once again, the President is leading from behind. Unfortunately, the American taxpayers will be forced to pay the price. Instead of spending millions of dollars to release and replace the reserves from the SPR, the Administration should be issuing permits in Alaska and the Gulf of Mexico, our real strategic reserve. Americans are tired of irresponsible, political stunts by the President like today's announcement; we want continued lower energy prices and we want jobs."

Source