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Oil Prices / Strategic Petroleum Reserve #722679

ABC Evening News for Thursday, Feb 27, 2003
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(Studio: Peter Jennings) The high price for crude oil reported.

(Studio: Betsy Stark) The Strategic Petroleum Reserve that is designed to protect the US in case of an oil shortage threatening the economy examined; details given about prior tapping of the reserve by former Presidents George Bush & Bill Clinton. [Economist Donald STRASZHEIM†- says this is the rainy day {to use reserves.}] [Secretary of Energy Spencer ABRAHAM†- says we are not reacting yet.]

Reporter(s):
Jennings, Peter;
Stark, Betsy
Duration:
00:02:10

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