A multi-year surface transportation bill supported by the U.S. Senate has some major flaws, according to at least one U.S. Congressman. The bill purports to be a 6-year plan, but Rodney Davis (R-Taylorville) says that math was based in part by generating funds by selling the strategic petroleum reserve.
He says that was figured up with oil prices much higher than they are now, so Davis tells The Big Z that means the balance of the plan would be need to be paid for through the general fund.
Click here for Davis' comments
Davis says with the ability to export crude and liquid natural gas, in order to promote more exploration and therefore, grow the economy.