I DIDN’T BELIEVE IT when I first heard it on the radio, but ABC News has the video. Talking about gasoline prices, President Obama said (4:23) that the Strategic Petroleum Reserve should be used only for ‘serious disruptions - like [hurricane] Katrina - when the refineries are shut down’ (paraphrased).

I guess an Ivy League education doesn’t include the knowledge that the Strategic Petroleum Reserve is crude oil, not gasoline, stored underground in huge salt domes along the Gulf coast.

The guy gives “dumb” a bad name.