In a move to ease fuel supply concerns, the Bush administration announced it would open up the federal petroleum
reserves to keep refiners in supply. Katrina’s affect on Gulf oil production and fuel refining has caused a ruckus in
the oil market. The EPA has also announced that it would temporarily allow for the sale of higher-polluting gasoline in
areas affected by the storm, bypassing Clean Air Act requirements to help avert supply problems in the South.
White House to Release Oil from Reserves
In a move to ease fuel supply concerns, the Bush administration announced it would open up the federal petroleum reserves to keep refiners in supply. Katrina’s affect on Gulf oil production and fuel refining has caused a ruckus in the oil market. The EPA has also announced that it would temporarily allow for the sale of higher-polluting gasoline in areas affected by the storm, bypassing Clean Air Act requirements to help avert supply problems in the South.
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