Obamanomics with Help from Republican Progressives

[Newt]

Why are we selling off part of the strategic petroleum reserve?

Quote:
Despite the lowest global oil prices in six years, the proposed budget deal reached by congressional leaders and the White House on Monday night calls for selling off about 8 percent of the nation's Strategic Petroleum Reserve.

Lawmakers hope to raise anywhere from $2 billion to $3 billion through selling about 58 million barrels of crude between 2018 and 2025.

http://www.usnews.com/news/articles/201 ... um-reserve
darn Washington is stupid, or they all hate the USA. .
Seems like really poor timing and I fail to see the huge benefit.