
Energy Secretary and Nobel Prize winner Stephen Chu dropped a little science on OPEC Thursday, announcing that America would try to devalue its pricey oil by unleashing 30 million barrels of its own via the Strategic Petroleum Reserve. Adding to its oomph, the move was part of a coordinated effort with US allies in the International Energy Agency, who are contributing another 30 million barrels themselves.
Chu said in a statement that they were tapping the reserve "due to supply disruptions in Libya and other countries and their impact on the global economic recovery." But will their plan actually make a difference?
Ryan: 'If You Want To Good At These Jobs, You've Got To Be Willing To Lose The Job'
Appearing on This Week, Rep. Paul Ryan (R-WI) dismissed the potential political backlash against his proposals to drastically change and privatize Medicare. "And I hear this all the time from the political people, from the pundits and the pollsters that this could be -- this could hurt us politically. I don't care about that," said Ryan. "What I care about is fixing this country and getting this debt situation under control. Look, literally, Christiane [Amanpour], if all we fear about is our political careers, then we have no business having these jobs. If you want to good at these jobs, you've got to be willing to lose the job."
McCain Pans Obama For "Backseat Role" On Libya
Appearing on Face The Nation, Sen. John McCain (R-AZ) accused President Obama of taking a "backseat role" on Libya. "I would like to remind you that NATO is an organization of 28 countries," said McCain. "With Italy there's now seven of them actually in the fight. They don't have the assets that the United States of America does. ...the United States is NATO. So the British and the French - God bless them and others - they don't have the assets. They are running out of some of their munitions." He also added: "We need to get back into the fight. We should be leading. We should not be following."

