A Blind Pig Finds An Acorn

Once in a while, even the New York Times is right.

The editorial page takes John Kerry on the Democrats to the woodshed for their ridiculous proposition that Bush tap the strategic oil reserves.

As the energy secretary, Spencer Abraham, correctly noted yesterday, "The reserve is not there to simply try to change prices." In fact, the law calls for it to be tapped only in the event of supply disruptions. And even if Washington wanted to alleviate rising fuel costs, the reserve is not a very effective instrument for doing so, as President Bill Clinton learned in the fall of 2000. Experts estimate that at most, turning on the spigot now would knock only a few cents off a gallon.

Senator John Kerry, the presumptive Democratic presidential nominee, knows this, of course, and he demeans the seriousness of his own candidacy when he suggests that President Bush could single-handedly bring down fuel costs. Senator Kerry has urged the administration to stop buying oil for the reserve, as if that would make a difference. Fortunately, some residue of shame has kept him from joining the other Democrats calling for the reserve to be raided. The government's oil purchases have taken place at a time of higher prices, but they are not a major cause of the increase.