Bush to Tap Heating Oil Reserve

The United States established the Strategic Petroleum Reserve in response to the gas crisis in the '70s. The government tapped its emergency stockpile of crude oil in the wake of Hurricane Katrina.

Now, to meet demand for the winter ahead, the Bush administration says it's prepared to access the Northeast heating oil reserve.

For a look at what that means for New England, Bob Oakes speaks with Sarah Emerson, managing director of Energy Security Analysis, an independent research firm based in Wakefield.