Congress near agreement: Let's try symbolism to curb oil prices

Via AP/Yahoo:

Both the House and Senate are expected to approve, with bipartisan support, legislation Tuesday directing Bush to temporarily halt the shipment of about 70,000 barrels of oil a day to the Strategic Petroleum Reserve.

Bush has refused to do so, arguing that this small amount of oil won't impact prices and that for security reasons he wants to increase the stockpile to its full capacity of 726 million barrels. It now has about 701 million barrels, equal to nearly two months of oil imports.

I have a relative who is a consultant to the oil industry - he tells me that this would have a small effect on prices, and would be factored out by the markets in short order. Of course, it also doesn't address the underlying problem - demand internationally is on the rise, and only tapping our own resources will provide a long term fix.

Yesterday I posted on the article from AP fact-checking the various proposals in play, but I didn't get back to it as I had planned. Two things stood out for me:

1. Each of the plans by Democrats would actually increase the pain at the pump. Increasing taxes and over-regulating always fails, nice to see an MSM article acknowledge it.

2. Each of the plans that would work have been stymied by Democrat obstructionism. The AP even inadvertently points out the irony of the ANWR debate - that results would be 10 years out, and had Democrats acted responsibly 13 years ago, we would be benefiting today.

Sadly, most politicians rarely look past the next election when considering policy. Help for the country that comes in a decade comes too late to help in re-election. Everyone should be reminding their Representatives and Senators that they have a greater responsibility.