Welch presses call to hold shipments to oil reserve

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Congressman Peter Welch is continuing his call for President Bush to suspend shipments of oil to the government’s Strategic Petroleum Reserve — but so far with not much as a result.

Bush is still opposing temporarily suspending shipments to the reserve as a way to slacken tight supplies and lower prices at the gas pump.

Welch has 63 co-sponsors and now has the support of House Speaker Nancy Pelosi on the petroleum reserve suspension.

Welch also has introduced legislation to beef up regulation of energy markets.

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