[quote=INAV8OR;

704.2/20.7=34 days worth of Oil. Now we don't want to tap all of it and the US doesn't want to change anything, so how about tapping 1/2. Thus, building up the supply and drive prices down. I know this thought is a pipe dream seeing that China has 1.3 billion people and
According to the U.S. Bureau of the Census, the resident population of the United States, projected to 06/06/08 at 19:32 GMT (EST+5) is
304,269,221. So, how can we be using almost 3 times the amount of Petro.
Nonetheless, something needs to be done to prevent all of us from getting canned.[/quote]

It is a strategic reserve not a "break glass in case of expensive oil reserve" besides, you think oil is expensive now - what do you think those friendly OPEC boys would do to the price if we didn't have a reserve?
Thirdly it wouldn't do didly squat, and lastly maybe peoples behavior will actually change ie. stop driving their SUV's as everyday cars, and eventually US demand will drop and prices will stabilize. As far as airlines go - its too late, Darwinism is about to kick in.

Scoop