In the aftermath of hurricane’s Katrina and Rita, and in an effort to help alleviate energy supply disruptions, the President announced the following measures would be taken or continued. · The Federal Government Is Prepared To Again Tap The Strategic Petroleum Reserve (SPR). To alleviate any gasoline supply disruptions caused by Hurricane Rita, the President announced that the Federal government is willing to use supplies from the SPR. This will help mitigate any shortfall in crude oil that could impact American consumers. · The Impact Of The Hurricanes On Energy Production In The Gulf Is Still Being Assessed. The Federal government is working closely with state and local authorities as well as the private sector to monitor the situation…