HCONRES 274
106th Congress
House
Energy
Armed Forces and National Security
Energy security
Energy supplies
Foreign Trade and International Finance
Imports
International Affairs
OPEC countries
Petroleum
Petroleum prices
Petroleum reserves
Restrictive trade practices
Strategic materials
Summit diplomacy
Expressing the sense of the Congress concerning drawdowns of the Strategic Petroleum Reserve.
Introduced: March 9, 2000
See on congress.gov
Everywhere this bill has been
3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Mar 15, 2000
Referred to the Subcommittee on Energy and Power.
Mar 9, 2000
Referred to the House Committee on Commerce.
Mar 9, 2000
Introduced in House
Plain-English summary
Expresses the sense of Congress that if the March 27 summit of the Organization of Petroleum Exporting Countries (OPEC) does not result in a decision to increase production sufficiently to reduce the price of oil in the United States, reversing OPEC's market-distorting behavior, then the President and the Secretary of Energy should: (1) draw down the Strategic Petroleum Reserve (SPR) to combat OPEC's unfair foreign trade practices and alleviate the deleterious consequences to people and business in the United States that those practices have caused; and (2) prepare for future threats to the U.S. economy and energy supply by developing methods to draw down the SPR quickly when needed, and increase the quantity of SPR crude oil over time in an economically reasonable manner.
What's happening now
Referred to the Subcommittee on Energy and Power.
Committees of jurisdiction
2
Cosponsors
1