Senator Obama in 2005, following Hurricane Katrina:
"However, I do believe that this tragedy makes it very clear that that the reserve should only be used in the event of an emergency, and that we shouldn't be tapping the reserve to provide a small, short-term decrease in gas prices."
Candidate Obama in 2008:
“I do not believe that we should use the strategic oil reserves at this point. I have said and, in fact, supported a congressional resolution that said that we should suspend putting more oil into the strategic oil reserve, but the strategic oil reserve, I think, has to be reserved for a genuine emergency. You have a situation, let’s say, where there was a major oil facility in Saudi Arabia that was destroyed as a consequence of terrorist acts, and you suddenly had huge amounts of oil taken out of the world market, we wouldn’t just be seeing $4-a-gallon oil. We could see a situation where entire sectors of the country had no oil to function at all. And that’s what the strategic oil reserve has to be for.”
President Obama today:
Democrat Barack Obama called today for tapping the nation’s strategic oil reserves to help drive down gasoline prices, a shift from his previous position on the issue.
President Obama tomorrow:
"Magic 8 Ball, should we release oil from the nation's strategic oil reserves?"