Date: 2010-04-02 05:50 pm (UTC)
From: [identity profile] yechezkiel.livejournal.com
There is only one reason I can think of: Strategic reserve.

If US oil reserves are really as large as people say, that's a significant advantage if something like peak oil actually occurs. But I doubt anyone is thinking this way, but it'd be hard to know, as you can't really go around saying that.

Date: 2010-04-02 08:45 pm (UTC)
From: [identity profile] xaq.livejournal.com
Makes sense to me. While I whole-heartedly agree with a long-term goal of developing cars that -don't- run on oil-based fuel (rather partial to the hydrogen fuel cell concept), for the short-term, until those kinds of cars become commonplace, we still need the stuff.

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