Our Terms of Service and Privacy Policy have changed.

By continuing to use this site, you are agreeing to the new Privacy Policy and Terms of Service.

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
More Galleries
Ralph Lauren's many looks A look at his brands and iconic creations More
8 biggest job killing companies of 2015 Whole Foods became the latest corporate giant to lay off workers. Here's a look at the companies that have announced the most jobs cuts this year. More
America's best beer towns Here are the best cities to crack open a cold one and celebrate Oktoberfest, according to Trulia. More

Special Offer