A resolution expressing the sense of the Senate that the President should use all diplomatic means necessary and reasonable to influence oil-producing nations to immediately increase oil production and that the Secretary of Energy should submit to Congress a report detailing the estimated production levels and estimated production capacity of all major oil-producing countries.
Expresses the sense of the Senate that: (1) the President should use necessary and reasonable diplomatic means to influence oil producing nations to immediately increase oil production levels to increase world market supplies and lower prices; (2) a major oil-producing country is a country that had an average level of production of crude oil, oil sands, or natural gas to liquids that exceeded one million barrels per day during the previous calendar year, and has crude oil, shale oil, or oil sands reserves of at least six billion barrels; and (3) the Secretary of Energy should report to Congress detailing the estimated production levels and production capacity of all major oil-producing countries by June 30, 2006.
Referred to the Committee on Foreign Relations. (text of measure as introduced: CR S4077)