US lawmaker renews call to halt SPR oil shipments

Newswire

WASHINGTON, March 29 (Reuters) - U.S. Sen. Jeff Bingaman, New Mexico Democrat, on Tuesday asked the government to stop filling its emergency oil stockpile until crude oil prices retreat from their lofty levels. The 700-million barrel stockpile is now 98 percent full after 28 years, and Bingaman told Energy Secretary Sam Bodman that he should delay topping it off until prices fall. "Deliveries have been delayed for months or even a year or more (in the past), at no additional cost to the ...

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