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SRES 364 108th Congress Senate Energy Armed Forces and National Security Cartels Commerce Consumer protection Energy prices Energy supplies Foreign Trade and International Finance Gasoline International Affairs OPEC countries Petroleum Petroleum industry Petroleum reserves Price discrimination Public Lands and Natural Resources Restrictive trade practices Strategic materials

A resolution expressing the sense of the Senate concerning oil markets.

Introduced: May 18, 2004 Introduced by: Schumer, Charles E. Democratic · New York See on congress.gov
 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
May 18, 2004
Referred to the Committee on Energy and Natural Resources. (text of measure as introduced: CR S5612)
May 18, 2004
Introduced in Senate
 Plain-English summary Congressional Research Service

Expresses the sense of the Senate that the President should: (1) directly confront OPEC and challenge it to increase oil production immediately; (2) direct the Federal Trade Commission and Attorney General to exercise vigorous oversight over the oil markets to protect the American people from price gouging and unfair practices at the gasoline pump; and (3) suspend deliveries of oil to the SPR and release 1,000,000 barrels of oil per day from the SPR for 30 days following the date of adoption of this resolution, and if necessary, for an additional 30 days beyond that.

What's happening now May 18, 2004

Referred to the Committee on Energy and Natural Resources. (text of measure as introduced: CR S5612)

 Committees of jurisdiction 1