Why dosn't the U.S government but the oil as futures like the others are doing and keep the prices low?

If the President George Bush wanted too, the us Government could pre buy oil by the 10s of millions of barrels and the price in the US would be 75 cents a gallon today. what do you think??Why dosn't the U.S government but the oil as futures like the others are doing and keep the prices low?
First, to correct Ryan ... The US certainly does buy oil. Where do you think the Strategic Petroleum Reserves come from?





Now, for the premise of the question ... If the US were to go into the market and buy up enough contracts to accomplish what you are suggesting, even spread out over a period of time, the prices would skyrocket worse than they already have as so much supply is taken off the market.





Now, just for argument's sake, let's say the Bush administration did adopt such a policy ... Even at the lowest prices available since his inauguration in 2001, there is no way you come close to $0.75 per gallon of refined gasoline.





It's a nice thought but, unfortunately, not workable.Why dosn't the U.S government but the oil as futures like the others are doing and keep the prices low?
A) the government doesn't buy oil as we have a free market system in the US


B) that wouldn't change the demand or the supply so the economics don't change





I meant that the government doesn't buy the oil to distribute, but of course they do buy some oil.
NO ONE WILL SELL OIL TO THE US GOVERNMENT AT LESS THAN MARKET PRICES