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Article: United States: Air Transport Association Calls for a Staggered Release of the Strategic Petroleum Reserve.
- Article from:
- TendersInfo
- Article date:
- July 24, 2008
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Byline: sandesh03
The Air Transport Association of America (ATA), the industry trade organization for the U.S. airlines, today testified before the House Select Committee on Energy Independence and Global Warming on the critical importance of tapping the Strategic Petroleum Reserve (SPR) to help bring immediate relief to consumers and businesses suffering from high fuel prices.
"ATA is calling for a release of 10 percent of the Strategic Petroleum Reserve, beginning immediately. History has shown that a temporary increase in supply will help lower prices," said ATA President and CEO James C. May. "Oil prices are hurting our nation's families and ...