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Solving the energy crisis: You decide

8 of 13

Tapping the Strategic Petroleum Reserve

Democrats are pushing for oil to be released from the Strategic Petroleum Reserve -- located in giant salt caverns along the Gulf of Mexico and holding over 700 million barrels of oil. They say it would send a message to traders that the government is not willing to let oil prices go up forever.

But critics of this plan, including the Bush administration -- say the reserve serves an important role as a buffer against supply disruptions from overseas, and traders would bid up prices if the reserve were smaller.

NEXT: Suspending the gas tax

Last updated September 25 2008: 3:43 PM ET

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