Congress, conundrums and crumbling infrastructure

16th February, 2016 by

By Randy Wyrick

VAIL — Federico Pena says Washington’s collective lack of political courage leads our federal government into short-sighted silliness like this:The federal government is required to store enough oil reserves to last around 77 days. Congress ordered the oil taken out of those salt caverns and sold.“It cost $88 a barrel to pull it out of the ground, and they sold it for $28 a barrel,” Pena said.The buffoonery is bipartisan. When Pena was energy secretary, he had to blow the whistle on Democrats trying to do the same thing.“You’re selling it for less than it cost me to put it …

Source:: Vail Daily Feed



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