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High oil prices put focus on Strategic Petroleum Reserve

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But on the campaign trail, the prospect of using the nation's rainy-day supply is catching on. Last week, Sen. John McCain, the Republican candidate for president, called for the government to stopping adding to the reserve. A week ago at a candidates' debate in Pennsylvania, Sen. Hillary Rodham Clinton (D) said she would not only stop adding to the reserve, but would also release oil to try to drive prices down. Sen. Barack Obama, the other Democratic candidate for president, believes the SPR should be used for short-term supply disruptions, but he does not believe it should be currently tapped, according to Jason Grumet, an adviser on energy to Senator Obama. Like Senator McCain, however, Obama would stop adding to the SPR at these prices, Mr. Grumet says.

Despite the candidates' wishes, Mr. Bush maintains that the SPR is off limits, to be used only in the event of a natural catastrophe or a major supply disruption overseas.

"The Department of Energy will continue to fill the Strategic Petroleum Reserve at very modest rates to provide an added layer of protection in cases of severe disruption," says Megan Barnett, a spokeswoman for the agency in Washington.

The Energy Policy and Conservation Act of 1975 established the reserve. Signed into law by President Ford, the act gives the president the sole authority to decide when to release oil from the reserve. Congress has discussed automatic triggers for release but has never changed the law.

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