Manufacturing Industry
ATA responds to House decision on SPR
Airline Industry Information, July 25, 2008
AIRLINE INDUSTRY INFORMATION-(C)1997-2008 M2 COMMUNICATIONS LTD
The Air Transport Association of America (ATA), the industry trade organisation for airlines in the US, has responded to the House decision not to release oil from the country's Strategic Petroleum Reserve (SPR).
The organisation addressed the House Select Committee on Energy Independence and Global Warming this week and called for a staggered release of 10% of the reserve, starting immediately.
James C. May, ATA president and CEO, responded by saying that the organisation is disappointed by the decision and it hopes that the US Congress will "agree on a comprehensive package before recessing for the summer".
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