U.S. House votes to stop adding to oil stockpile

REUTERS
Reuters North American News Service

May 13, 2008 19:15 EDT

WASHINGTON (Reuters) - The House Tuesday followed the Senate in rejecting the Bush administration's policy of adding oil to the country's Strategic Petroleum Reserve while fuel prices are high.

The House passed legislation that would suspend crude deliveries to the U.S. emergency oil stockpile while the price of oil was above $75 a barrel, a move the White House has opposed. The Senate approved a similar measure earlier in the day. (Reporting by Tom Doggett)

Source: Reuters North American News Service