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Reuters: House bid to sell oil from reserve fails

Started by counter, July 25, 2008, 12:41:13 AM

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House bid to sell oil from reserve fails
      


WASHINGTON (Reuters) - The House of Representatives on Thursday failed to pass legislation intended to cool off gasoline prices by requiring the government to sell 70 million barrels of light sweet crude oil from the Strategic Petroleum Reserve, the national stockpile.
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