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David Pumphrey, deputy director of the CSIS Energy and National Security Program, appeared on CNN’s Situation Room, "Pain-at-the-Pump Politics."
April 11, 2008

Author:

Wolf Blitzer

Associated Programs:

Energy and National Security

Related Research Focus:

Energy

Experts :

David Pumphrey

Excerpt:

WOLF BLITZER, CNN ANCHOR: And to our viewers, you're in THE SITUATION ROOM. Happening now, John McCain siding with the Democrats against President Bush. He wants to ease your pain at the pump by limiting the amount of oil in the nation's emergency reserve. But those 700 million barrels may represent just a drop in the bucket. [...]

DAVID PUMPHREY, CENTER FOR STRATEGIC & INTERNATIONAL STUDIES: The amount of oil in terms of the total oil market is quite small. But in a very tight market, each additional barrel begins to matter even more.

Read the transcript


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