Rep. Joe Donnelly talks oil with WNDU
Save Email Print
Bookmark and Share
Updated: 7:17 PM May 31, 2008
Rep. Joe Donnelly talks oil with WNDU
Donnelly and other congressional leaders have been trying to get the country to stop buying oil to fill the strategic oil reserve.
Posted: 5:57 PM May 31, 2008
Font Size:

Indiana democratic Congressman Joe Donnelly visited 16 Saturday Morning to talk about the soaring price of gas.

Donnelly and other congressional leaders have been trying to get the country to stop buying oil to fill the strategic oil reserve.

"What I’m trying to do is get the rest of Congress to put about another 100 million barrels back on the market, which will increase the supply. Demand is going down, and we think that can help lower prices also," says Rep. Donnelly, (D) Indiana’s 2nd District

Donnelly added a big reason the prices are rising is because of speculators.

If they could be cut out of the market, he says prices would fall.
More Stories

WNDU News Poll
What would you rather receive for Valentine's Day?

FLOWERS
CHOCOLATES
JEWELRY
ELECTRONICS
VACUUM CLEANER


Most Popular Headlines